According to the governor, continuing the payments would have cost the state $314 million per week and up to $1 billion each month.
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Government
Financial relief available for NJ’s small businesses impacted by Ida
The interim assistance will provide grants up to $5,000 to storm-impacted businesses/nonprofits with up to 50 employees.
Read More »2 more NJ Senate Dems back using federal COVID funds to prevent $250M tax hike
The increases are meant to refill the state’s unemployment trust fund, which was drained over the last year-and-a-half amid record-high joblessness and business closures stemming from the pandemic.
Read More »Gottheimer asks new NY gov to slow down congestion pricing
“New York City’s proposed congestion tax would endanger the economic recovery of the New York metropolitan region, add[ing] further expense to the already sky-high cost of commuting into New York City,” U.S. Rep. Josh Gottheimer wrote.
Read More »Murphy opting not to extend $300 weekly benefits
To continue to pay would cost the state hundreds of millions of dollars: $314 million a week, and up to $1 billion a month.
Read More »Murphy appoints deputy chief counsel, director of Governor’s Authorities Unit
Current Cabinet Secretary Noreen Giblin will provide oversight of the department and serve as the governor's representative to New Jersey’s various state agencies.
Read More »Gateway tunnel costs climb nearly 6% since last year
A plan submitted Aug. 27 to the Federal Transit Administration by the Gateway Development Corp., which is overseeing the construction, noted a $700 million year-over-year increase for the project, from $11.6 billion in 2020 to $12.3 billion now.
Read More »September surge?
One of the most intensely debated unemployment benefits - the $300 weekly bonus from the federal government - is set to expire soon, along with a handful of other benefits. Business owners and conservative lawmakers argue that the lapse in added money could alleviate labor shortages, especially in the restaurant industry.
Read More »Biden team blocks Trump-era rules, netting NJ hospitals $150M
“At a time when New Jersey’s hospitals, doctors and nurses are still on the frontlines of the COVID-19 pandemic, the injection of millions of dollars in annual federal funding into our hospitals will help them attract and retain the best talent as well continue to provide high-quality care for New Jerseyans,” U.S. Sen. Robert Menendez said.
Read More »NJ Transit to pay $3.5M to study train to American Dream, MetLife Stadium
Construction of the Transitway, a rail loop between Secaucus Junction and the Meadowlands Sports and Entertainment Complex, would stretch 7 miles and take into account things such as utlizing zero-emissions vehicles.
Read More »NJIT appoints state deputy treasurer as CFO
Catherine Brennan has been named New Jersey Institute of Technology's senior vice president/chief financial officer, the school announced Aug. 26.
Read More »New state programs aim to slash costs for office energy, environment upgrades
One sets aside $180 million of American Rescue Plan aid for schools and small businesses to upgrade their ventilation and water systems. Another makes New Jersey the 27th state to offer C-PACE financing, according to Environment New Jersey head Doug O'Malley, "the most popular energy efficiency program you haven't heard of,” to commercial property owners.
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