For The Many NJ Applauds Borrowing Deal to Protect Against Budget Cuts
Earlier today, Governor Murphy and Senate President Sweeney announced a deal that would allow New Jersey to borrow funds from the federal government to balance the state budget. In response to this agreement, members of the For The Many NJ coalition release the following statements: Sheila Reynertson, Senior Policy Analyst, New Jersey Policy Perspective (NJPP): “This deal is great news for residents of New Jersey and will set the stage for a stronger and more equitable pandemic recovery. Borrowing at this level will ensure that the most important public services and safety net programs will be there for everyone, especially families who are already struggling. Lawmakers must now work to raise revenue by ending Christie-era tax breaks and require that the very wealthiest pay their fair share in taxes like everyone else.... Read the full press release here.