A bipartisan group of state fiscal-policy experts is raising new concerns about the long-term trajectory of New Jersey’s state budget and finances, even as the nation itself seems to be absorbing the worst effects of high inflation.
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.