Balancing the budget with bonds is a bad idea: Comments before NJ Senate Budget Committee

June 12, 2020

On June 11, Richard Keevey was invited to provide testimony to the NJ State Budget Committee on the upcoming budget decisions to be made. He noted that “This is, in my view, a critical time for the state — we should not borrow large sums of money to balance the budget, for many reasons. There are other actions that can be taken, including, if necessary, raising taxes.”

Click here to read his full comments (PDF)


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