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,… Read the rest of this entry »