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New Jersey’s Bonded Debt Soars to Nosebleed Heights: $46.1 Billion

The results of New Jersey’s latest big-picture fiscal checkup are in, and they reveal a state that continues to be saddled with a staggering amount debt – despite recent efforts to wind down Trenton’s time-worn borrowing habit. Click to expand/close For starters, New Jersey’s bonded debt grew by nearly $3.2 billion during the past fiscal year,…



Posted: March 27th, 2018 | Author: | Filed under: New Jersey | Tags: , | 1 Comment »

One Comment on “New Jersey’s Bonded Debt Soars to Nosebleed Heights: $46.1 Billion”

  1. Only the beginning. said at 5:17 pm on March 27th, 2018:

    Doesn’t seem to matter which party is in charge here, bottom line is, they are chronic over- spenders, and never cut the programs/ giveaways, period. Spending $300 million on that statehouse is a disgrace- is like putting expensive lipstick on a pig! The place still sits in a disgusting, dirty, crime- ridden and deteriorating city, once quite decent, with little industry/ jobs, outside of government workers and lobbyists- they should have moved the capital to Asbury Park, years ago: easier to get to, centrally- located, and, at least there’s an ocean and some revitalization going on, there!