From Name:
From Email:
To Name:
To Email:

Optional Message:

New Jersey debt: COVID-19 bond sales could add big amount to state borrowing totals

from NJ Spotlight

Already one of the nation's most indebted states, New Jersey could do more than a decade's worth of borrowing within a year under a new law that authorizes selling bonds to fund the budget during the coronavirus pandemic. The COVID-19 borrowing law, enacted by Gov. Phil Murphy last week, allows for up to $9.9 billion in bonds to be issued without voter approval between now and the middle of next year to make up for revenue losses triggered by the health crisis. more

Powered by MultiBriefs
7701 Las Colinas Blvd., Ste. 800, Irving, TX 75063