New Jersey Supreme Court Clears Gov. Murphy’s $10 Billion Borrowing Plan

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The New Jersey Supreme Court upheld a law giving the state the authority to borrow nearly $10 billion to cover a budget shortfall stemming from the coronavirus shutdown

The state’s Republican Party and other GOP lawmakers challenged the new measure on constitutional grounds and argued that a previous state Supreme Court ruling forbids counting borrowed money as revenue to balance the budget.

 

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Murphy really banking on a Biden presidency bailing out his incompetency with some federal funds

They know Biden will pay it back for them, they should issue more!

Bravo. New Jersey citizens can pay for their governments choices. Maybe next year they I’ll think twice before electing Democrats.

NYGovCuomo and blue states democrats ought to do the same should the corrupt GOP fail to come to the table. They should also use part of it to secure elections in their respective states. They will be reimbursed by SpeakerPelosi SenSchumer when the Dems get power after 11/3.

Shouldn't this be put forth as a referendum before the people instead of a pontificated ruling by a politicized bench?

NYGovCuomo and blue states democrats ought to do the same should the corrupt GOP failed to come to the table. They should also use part of it to secure elections in their respective states. They will be reimbursed by SpeakerPelosi SenSchumer when the Dems get power after 11/3.

It is time

Enter New Jersey which is trying to stimulate their economy with infrastructure projects funded by toll hikes on the Jersey Turnpike (36% increase), Garden State Parkway (27% increase), and Atlantic City Expressway (57 cents):

Yes let the States charge their citizens, not put this on the my tax bill in another state. You listening Cuomo, Schumer, Pelosi?

They just keep raising taxes in New Jersey

NJ already has one of the highest public debt per capita and its pensions systems fell to 42% funding ratio. Now you want even more debt?!? Insanity

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