Out-of-pocket healthcare costs for some New Jersey families with children will skyrocket if Congress doesn’t extend funding for the Children’s Health Insurance Program (CHIP), according to a new report.
Proposed federal legislation to increase the minimum wage to $10.10 per hour includes a provision raising the tipped minimum to 70 percent of the full minimum wage. But with the federal legislation unlikely to make serious headway, New Jersey policymakers need to step up to ensure greater economic security for the state’s low-wage tipped workers.
The bottom line is that there is no widespread wealth migration from New Jersey. It is a false problem, and continuing to focus on it distracts policymakers from the urgent need to fix New Jersey’s economic and financial crisis.
New Jersey is in danger of becoming a failed state. Not in the same way as Somalia and other truly desperate places, but compared to its peers in America, New Jersey is sliding toward failure, with statistic after harrowing statistic to prove it.
Where are the wealthy New Yorkers moving? Not to tax havens, that’s for sure.