politicians

Experts see clouds on the fiscal horizon for NJ government

Experts see clouds on the fiscal horizon for NJ government

During a news conference Tuesday afternoon, several members of the workgroup offered their takes on the likelihood of there being enough revenue available by then to launch an altogether new relief program in the current economic environment. “Right now, it’s a wait-and-see,” said Marc Pfeiffer, who’s also the assistant director of Rutgers University’s Bloustein Local Government Research Center.

New Jersey faces steep deficits in coming years, group warns

New Jersey faces steep deficits in coming years, group warns

“The last couple of days, we’ve been talking a lot about the World Cup coming in and the potential of NJT. I think that’s probably secondary or tertiary because they seem to have a plan for that,” said Marc Pfeiffer, a senior policy fellow at the Rutgers’ Edward J. Bloustein School of Planning and Public Policy. “What we don’t have a plan for is the long-term funding of NJT.”

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