The New Jersey Assembly on Thursday approved a new bill that would allow the State to borrow up to $14 billion to get out of a financial hole caused by Covid-19.  However, the bill still needs the support of Senate President Steve Sweeney who has been vocal against the massive borrowing.  The vote in the …

The post NEW JERSEY ASSEMBLY APPROVES MASSIVE DEBT PLAN TO PREVENT BIG STATE LAYOFFS appeared first on 98.7 The Coast WCZT.

NEW JERSEY ASSEMBLY APPROVES MASSIVE DEBT PLAN TO PREVENT BIG STATE LAYOFFS

The New Jersey Assembly on Thursday approved a new bill that would allow the State to borrow up to $14 billion to get out of a financial hole caused by Covid-19.  However, the bill still needs the support of Senate President Steve Sweeney who has been vocal against the massive borrowing.  The vote in the Assembly was along party lines, with republicans voting against it.

The post NEW JERSEY ASSEMBLY APPROVES MASSIVE DEBT PLAN TO PREVENT BIG STATE LAYOFFS appeared first on 98.7 The Coast WCZT.

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