deficit spending

The NJ budget: More taxes, less transparency and why we will all pay more in 2025

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The NJ budget: More taxes, less transparency and why we will all pay more in 2025

3-minute read Audrey Lane  |  Special to the USA TODAY NetworkI spent the days leading up to passage of this year’s New Jersey state budget at the Statehouse in Trenton.  It was an eye-opening and, at times, frustrating experience. Our state’s economic and fiscal policies are resulting in deficit spending, and the process surrounding those policies … Read more

NJ Gov Signs $56.6 Billion FY 2025 Budget Into Law

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NJ Gov Signs $56.6 Billion FY 2025 Budget Into Law

Governor Phil Murphy signed the new $56.6 billion state budget for New Jersey, which includes a significant tax increase on large corporations and substantial funding for property tax relief, public schools, pensions, and community projects. Key Takeaways: The budget introduces a 2.5% tax on large companies to fund NJ Transit, making New Jersey’s business taxes … Read more

The federal budget mess – NH Business Review

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The federal budget mess - NH Business Review

The federal budget recently passed has a trillion deficit, which is the same amount as the entire federal national debt 30 years ago.