December 17th, 2014 by Jon Whiten | No Comments
The Christie administration and other New Jersey leaders are right: The state is facing a significant pension system problem. But those who blame overly generous benefits for these woes are far off base, according to an analysis of the largest 100 public pension plans in the country released today.
October 15th, 2014 by Jon Whiten | No Comments
More than five years after the official end of the Great Recession, long-term unemployment remains at historically high levels in New Jersey, according to an Issue Brief released today by New Jersey Policy Perspective.
October 7th, 2014 by Jon Whiten | No Comments
Moving new employees out of defined benefit pension plans and into 401(k)-type retirement accounts would not reduce New Jersey’s crushing pension debt and could cost taxpayers $42 billion for the transition, according to a study released today by New Jersey Policy Perspective and the Pennsylvania-based Keystone Research Center.
September 30th, 2014 by Jon Whiten | No Comments
Allowing all residents the opportunity to drive legally would make New Jersey safer, help its economy and increase the well being of many families, policy analysts and immigrant-rights advocates said today on a conference call with reporters.
September 22nd, 2014 by Jon Whiten | No Comments
While some gains have been made over the past several years, the “Jersey Comeback” announced years ago has stalled out, stunting the opportunities for the vast majority of working New Jerseyans.
August 20th, 2014 by Jon Whiten | No Comments
New Jersey’s inadequate support of the Supplemental Nutrition Assistance Program is resulting in the delay or the denial of critical food benefits to hundreds of thousands of struggling New Jerseyans and the potential loss of up to $500 million in federal funds annually.
August 7th, 2014 by Jon Whiten | No Comments
New Jersey should make improvements to the way it estimates revenues in order to create a more fiscally responsible budget, according to a new report from the Center on Budget and Policy Priorities.
July 16th, 2014 by Jon Whiten | 5 Comments
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.
June 11th, 2014 by Jon Whiten | No Comments
New Jersey has awarded more than $4 billion in tax subsidies and credits to businesses this decade in a largely unsuccessful attempt to spur economic activity and boost the state’s crawl out of the Great Recession.
May 9th, 2014 by Mike Soszynski | No Comments
Inflation has eroded the value of New Jersey’s gas tax so badly that it is at its lowest level in history – and will only erode further without action, according to a new report from the Institute on Taxation and Economic Policy (ITEP).