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Coronavirus creates a huge double-whammy for New Jersey’s finances

MARCH 30, 2020 | SUNLIGHT POLICY CENTER OF NEW JERSEY

Includes “… according to Pew, NJ has the worst structural budget deficit in the country, with revenues only covering 91.3% of expenditures.  Likewise, the Mercatus Center ranked NJ dead last among the states for long-term budget solvency.  As a result, according to Truth In Accounting, NJ already has a debt per taxpayer of over $61,000, again the worst in the country.”  

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