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NJ officials fear fiscal cliff despite billions in extra cash this year (updated)
The non-partisan Office of Legislative Services said the state will close its books at the end of next year with $550 million more than predicted by treasury officials in October.
NJ lifting COVID travel restrictions for those fully vaccinated
The announcement puts the state in line with guidance the federal Centers for Disease Control put in place on April 2 for domestic excursions.
NJ making everyone over 16 eligible for COVID vaccine April 19
"Given the trajectory we are on, we believe this is the right time to put our program into higher gear," Gov. Phil Murphy said April 5.
Biz groups suggest debt repayment with Biden $6.4B for COVID recovery
Several of the state’s largest chambers of commerce and trade organizations are floating a major paydown of some of the state’s debt using federal relief funds with a goal of freeing up money in the coming years.
NJ vaccine eligibility opens as new COVID wave surges
The additions are another major push toward the state’s goal of qualifying adults ages 16 and up for inoculations, ahead of President Joe Biden’s May 1 deadline.
Murphy and other governors pressure Biden to lift $10K SALT cap
The cap has cost New Jerseyans another $3 billion in annual taxes. In 2018, the nonprofit Tax Policy Center estimated that completely repealing the SALT cap would cost the federal government $620 billion of tax revenue between 2018 and 2028.
New NJ jobless claims double over past week
For the week ending March 27, 19,475 claims were filed according to data released April 1. The surges were evident “across industry sectors,” and fueled in part by “a bump in claims from the self-employed,” reads a statement from the New Jersey Department of Labor and Workforce Development.
Murphy approves $25M grant program from smallest NJ businesses
The funding is part of a broader $100 million package in proposed state grants that would come out of its slice of federal money under the Coronavirus Aid, Relief and Economic Security Act.
NJBIZ Conversations: Greg Lalevee
The business manager of the International Union of Operating Engineers Local 825 talks about what the Biden administration's $2 trillion infrastructure plan could mean for New Jersey.
Murphy garners 58% approval in new poll, Biden approval at 53%
The governor saw high approval ratings in his job handling of the existing pandemic. Additionally, 99% of Democrats said they were confident of Biden’s ability to get the pandemic under control, compared to 47% of Republicans.
NJ pool manufacturer leaving for North Carolina (UPDATED)
“The decision to relocate to North Carolina was driven by a business need to bring our corporate functions closer to our largest production facility to improve collaboration and increase efficiency,” said Hayward spokesperson Monty Hagler.
PPP extended for two more months
President Joe Biden the legislation providing an additional 30 days for the U.S. Small Business Administration to process pending applications.
