• HOME :
  • NEWS :
  • NJ’S RISKIEST BUDGET IN A DECADE COUNTS ON TAX-SHY CONTINGENT

NJ’s riskiest budget in a decade counts on tax-shy contingent

MARCH 27, 2018 | by Elise Young | ACCOUNTING TODAY

By Elise Young, includes “… Jon Corzine, like Murphy a Goldman veteran, was the most recent governor to pitch $1 billion-plus tax increases. … Instead, missed revenue forecasts and an unfunded pension-and-benefits liability that reached $184.3 billion in 2017 led to a record 11 downgrades of New Jersey debt by the three major credit-rating companies during Christie’s tenure. …” 
 

VIEW LESS