According to the governor, as of Monday the state had sorted through 60 percent of submitted claims.
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Government
Murphy: McConnell’s idea for states to declare bankruptcy ‘utterly irresponsible’
“My breath is taken away,” the governor said in Trenton on April 22. “Really? This is the time, in a moment of crisis unlike any our country has faced in at least 100 years, to suggest it’s a good thing to go bankrupt?”
Read More »NJEDA offers new aid to keep startup investments afloat amid COVID-19
Applications are now live for the New Jersey Economic Development Authority’s $5 million state aid program meant to help keep afloat investments into startups, that might otherwise fall through as businesses find their revenue drying up amid the COVID-19 pandemic. This comes weeks after the EDA rolled out applications for a series of aid programs for ...
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Environmentalists press Murphy for pause on toll hikes, statewide projects, during pandemic
The seven environmental groups, which are organizing under the banner Empower NJ, are pressing the governor to revise executive orders 122 and 127, which they contend have so many loopholes to render the rules virtually ineffective.
Read More »NJ labor rights groups push for hazard pay for COVID-19 essential workers
Several of the state’s labor unions and worker’s rights groups are demanding businesses be required to issue hazard pay and other benefits for essential workers – those at retail, grocery stores, warehouses and delivery workers – who are still allowed to report to work during the COVID-19 pandemic. But the bill could likely fall to ...
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Sales tax filing hits snag, with business owners uncertain over COVID-19 (updated)
The state’s online portal was overwhelmed amid a rush to file their returns before the end of the April 20 quarterly deadline.
Read More »New Jersey sees first credit downgrade under Gov. Murphy (updated)
New Jersey suffered its first credit downgrade under Gov. Phil Murphy – from Wall Street rating agency Fitch – which dropped the state’s rating from A to A minus, arguing that the state could be ill-equipped to handle a COVID-19-fueled recession. Fitch said the state was in particular trouble ahead of the ensuing economic slowdown ...
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Murphy seeing high marks for COVID-19 response, new poll finds
The poll from the Monmouth University Polling Institute found that 79 percent of New Jerseyans think Gov. Phil Murphy has done a good job in handling the state’s COVID-19 response.
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Senate proposes furloughing 100K public workers to balance state, local budgets during pandemic
The move could save upward of $750 million while keeping in place public worker pension and health benefits if 100,000 of the 400,000 state and local employees are furloughed several days each week for a period of three months.
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New COVID-19 congressional relief calls for $500B in federal bailouts to states
A pair of U.S. senators – Democrat Robert Menendez from New Jersey and Republican Bill Cassidy from Louisiana – unveiled the rough outline to help plug holes the pandemic has left in state and local tax revenues.
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Report: South Jersey, shore likely to feel COVID-19 economic pain through 2020
Stockton University's annual South Jersey Economic Review finds the impacts of the virus could be more chilling than those of the Great Recession and Superstorm Sandy.
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Nursing homes must tell families, federal officials about COVID-19 cases
The latest counts from the New Jersey Department of Health showed that at least 10,000 long-term care patients across the state’s 413 facilities tested positive for the disease, including more than 1,600 fatalities.
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