NJPP’s Gordon MacInnes on Latest Credit Downgrade

NJPP's president talked to Chasing News about New Jersey's poor financial health.

Published on Nov 21, 2016 in Tax and Budget

Last week NJPP president Gordon MacInnes talked to Chasing News about the record 10th credit downgrade under the Christie administration, which came on the heels of the approval of a reckless package of tax cuts that accompanied a long-overdue gas tax increase this fall.

“It was certainly guessable that if the legislature and the governor agreed to blow yet another hole in New Jersey’s revenues, that the credit agencies would … issue their warnings and … another downgrade,” he said.

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