NJ Spotlight News
NJ pays off another $1B in debt
Clip: 2/27/2023 | 1m 10sVideo has Closed Captions
Treasury officials say that will save taxpayers more than a half billion dollars
The state Department of Treasury is getting ahead on its bills by paying off roughly $1 billion in outstanding debt. State officials say that will save taxpayers more than a half billion dollars and raise New Jersey’s credit standing.
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NJ Spotlight News is a local public television program presented by THIRTEEN PBS
NJ Spotlight News
NJ pays off another $1B in debt
Clip: 2/27/2023 | 1m 10sVideo has Closed Captions
The state Department of Treasury is getting ahead on its bills by paying off roughly $1 billion in outstanding debt. State officials say that will save taxpayers more than a half billion dollars and raise New Jersey’s credit standing.
Problems playing video? | Closed Captioning Feedback
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Learn Moreabout PBS online sponsorshipin our Spotlight on Business Report the State Treasury Department is getting ahead on its bills paying off roughly a billion dollars in outstanding debt State officials say it'll save taxpayers more than half a billion dollars and raise New Jersey's credit standings Governor Murphy will likely tout the move during his live budget address tomorrow along with the fact that his administration has put more than eight billion dollars toward paying down debt over the last two budget Cycles now the debt has been closely watched by Republicans and other critics of Governor Murphy's decision to borrow more than four billion dollars in covet emergency funds when the global shutdowns were expected to take a hit on tax revenues support for the business report provided by the New Jersey Chamber of Commerce announcing its renewed Jersey business Summit and Expo March 14th and 15th at Harrah's in Atlantic City event details online at njchamber.com [Music] [Music] [Music]
Coalition calls for Murphy to budget progressively
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Gov. Phil Murphy is due to deliver budget address at 2 p.m. Tuesday (4m 9s)
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Kind Deeds funds all the associated costs, hopes to help more (4m 49s)
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Interview: Riley Yates, lead data reporter for NJ Advance Media (6m 32s)
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