Tag: fiscal irresponsibility

Posted on

Commerce and Industry Association of New Jersey , “If approved, this budget will further impede our economic recovery resulting in additional job losses and businesses closing

store closing

the staff of the Ridgewood blog

Trenton NJ, CIANJ President Anthony Russo commented on the Governors budget address, “In these uncertain and unprecedented times, the Commerce and Industry Association of New Jersey (CIANJ) was disappointed that the Governor’s proposed nine month FY21 budget includes new taxes, extensive borrowing and limited reductions in state spending,” said Anthony Russo, President, CIANJ. “New Jersey has never been in a more dire economic situation with nearly a million and half New Jerseyans filing for unemployment and businesses suffering significant losses.”

Continue reading Commerce and Industry Association of New Jersey , “If approved, this budget will further impede our economic recovery resulting in additional job losses and businesses closing

Posted on

New Jersey Business and Industry Association ,”Governor Murphy’s 2021 Budget with $1.4 Billion Spending Increase Is Irresponsible”

gov phil murphy nj generic 041518 1523813414516 5330616 ver1.0 640 3601

the staff of the Ridgewood blog

Trenton NJ, New Jersey Business and Industry Association calls Governor Murphy’s 2021 Budget with $1.4 Billion Spending Increase Is Irresponsible:

“This budget simply does not reflect the stark reality of our times. Instead of keeping expenses low for our taxpayers, Governor Murphy is raising taxes to make New Jersey businesses less competitive. Instead of holding the line on spending, Governor Murphy has proposed spending $1.4 billion or 3.6% more than the prior year and $5.4 billion or 15.6% more than the budget three years ago before he took office.

Continue reading New Jersey Business and Industry Association ,”Governor Murphy’s 2021 Budget with $1.4 Billion Spending Increase Is Irresponsible”

Posted on

Democrat Borrowing Binge Debt and Interest Payments Could Cost NJ Taxpayers More than $40 Billion Over Next 35 Years

titanic_theridgewoodblog

the staff of the Ridgewood blog

Trenton NJ, Senator Declan O’Scanlon (R-13), a member of the Senate Budget & Appropriations Committee, issued the following statement following the announcement of an agreement today by Governor Murphy and Democrat legislative leaders to borrow nearly $10 billion without voter approval:

Continue reading Democrat Borrowing Binge Debt and Interest Payments Could Cost NJ Taxpayers More than $40 Billion Over Next 35 Years