Richard Keevey

New Jersey budget challenges are significant and immediate

November 14, 2017

The new governor faces immediate budget problems. After inauguration in January 2018, the Budget for fiscal year 2019 must be submitted in March. And for the first six months of 2018, the governor must manage the budget he will inherit — and end with the year in...

NJ’s fiscal future: A direction for the new governor

November 7, 2017

The fiscal future of New Jersey is bleak. New Jersey has struggled to balance its budget for two decades. In the early 1990s, the state was AAA by each Rating Agency. Over the last eight years, it was reduced seven times – it is now the second lowest. Some...

Budget basics: How New Jersey spends your money

September 14, 2017

New Jersey has a strong central government. The governor has potent appointment and financial powers. New Jersey’s local governments like to tout their home-rule powers — and they’re correct in certain circumstances — but when it comes to municipal, county, and school...

A solution for the social security dilemma | Opinion

April 6, 2015

By Richard F. Keevey Social security is a vital component of the American safety net. Without social security many retired and disabled workers - as well as survivors and dependents - would be without a source of income. But social security is on an unsustainable...

New Jersey Bonds Add to Pension Costs as Bills Rise

March 11, 2015

“The pension debt service is skewed to the out-years,” said Richard Keevey, a fellow at Rutgers University in New Brunswick, New Jersey, who was budget director for former Governor Jim Florio, a Democrat. “It starts out low and rises sharply.” Bloomberg.com, March...

Christie 2016 budget lowers expectations for N.J. revenues

March 1, 2015

Christie's forecasts for the fiscal year beginning July 1 may hold up, said Richard Keevey, a senior policy fellow at Rutgers' Bloustein School of Planning and Public Policy and former budget director for Govs. Tom Kean and Jim Florio. NJ.com, March 1