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Biden Administration Bails Out Teamsters Pension Plan

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the staff of the Ridgewood blog

Ridgewood NJ, Biden Administration announced a $35.8 billion bailout of the Teamsters’ Central States Pension Fund (which Jimmy Hoffa gave to the mob to build casinos in Vegas in the 1950s and 1960s). That’s just over $100,000 for each person covered by the pension plan.

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Bergen Municipalities to Receive $351,302,264.45 in COVID Relief

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 the staff of the Ridgewood blog

Washington DC, U.S. Senators Bob Menendez and Cory Booker (both D-N.J.) today released a county-by-county and town-by-town breakdown of the $10.189 billion in direct, flexible, federal assistance to state and local governments allocated to New Jersey in the American Rescue Plan.  The final funding formula targets federal resources to areas with the greatest need and is modeled after Sen. Menendez’s bipartisan SMART Act, cosponsored by Sen. Booker, netting New Jersey around $1 billion more than had the money been distributed by population.

Continue reading Bergen Municipalities to Receive $351,302,264.45 in COVID Relief