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Rutgers Approves Tuition to Increase of 5% for in-state Students and 6% for Out-of-state Students

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the staff of the Ridgewood blog

NEW BRUNSWICK, NJ — July 2025 — The Rutgers University Board of Governors has officially approved a $5.9 billion operating budget for the 2025–2026 academic year, reinforcing its mission to expand student access, affordability, and financial aid, even as inflation and federal funding uncertainty challenge higher education nationwide.

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Senate Parliamentarian Blocks $2 Trillion in Government Waste Cuts, Jeopardizing Deficit Reduction

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Who Is Elizabeth MacDonough—and Why Is She Stalling Major Budget Reforms in Washington?

the staff of the Ridgewood blog

WASHINGTON, D.C. — In a stunning turn of events, Senate Parliamentarian Elizabeth MacDonough has singlehandedly halted over $2 trillion in proposed savings aimed at cutting waste and reducing the national deficit. Most Americans may not even be aware of her role, but she’s now being called the most powerful—and controversial—person in Washington.

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Bergen County Approves New Budget Post-American Rescue Plan: Tax Increase and Budget Cuts Explained

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file photo courtesy of Bergen County Executive Jim Tedesco

the staff of the Ridgewood blog

Hackensack NJ, Bergen County has officially approved its first budget since the end of the American Rescue Plan (ARP) federal funds, and despite some last-minute budget cuts, the overall budget reflects an increase over the previous year.

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GOP Rumors of Tax Hike Spark Backlash: Will Republicans Abandon Pro-Growth Principles?

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the staff of the Ridgewood blog

Washington DC, as rumors swirl about a potential millionaire surtax and an increase in the top income tax rate to 40% or more, conservative voices are sounding the alarm. Many warn that such a move would represent a dramatic departure from the Republican Party’s long-standing commitment to low taxes and free-market economics — a formula credited with driving U.S. prosperity since the Reagan era.

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Bergen County Unveils $720M Budget Amid End of Federal COVID Funds: What Taxpayers Should Know

Bergen County Executive Jim Tedesco

the staff of the Ridgewood blog

Hackensack NJ, Bergen County has introduced its first annual budget following the expiration of American Rescue Plan (ARP) federal funding, bringing a modest increase to local property taxes for 2025. Homeowners with properties assessed at the county average of $530,000 will see a $69 increase on the county portion of their tax bill.

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S&P Global Ratings Affirmed the Village’s ‘AAA’ Bond Rating

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the staff of the Ridgewood blog

Ridgewood NJ, in December 19th, Ridgewood Village Manager Keith Kazmark shared a significant financial milestone for the Village of Ridgewood: S&P Global Ratings affirmed the Village’s ‘AAA’ bond rating and removed it from under criteria observation.

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