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Time for Fiscal Discipline Instead of Massive Borrowing Schemes to Fix Budget

money

the staff of the Ridgewod blog

TRENTON NJ, The Assembly Budget Committee passed a bill Monday that would allow at least $14 billion in borrowing to replace revenue lost during the economic shutdown in response to Covid-19.

Republicans on the committee asked that taxpayers get a chance to weigh in, if there was a back-up plan when borrowing for revenue is struck down as unconstitutional, and if the administration would consider an alternative plan that provides much needed revenue while cutting taxes for the middle class.

Continue reading Time for Fiscal Discipline Instead of Massive Borrowing Schemes to Fix Budget