New Jersey’s finances are a mess. Despite years of massive taxation, officials can barely pay the interest on its $48 billion in debt. And the state faces a $152 billion shortfall in funding government worker pension and retiree health benefits, a hole that gets deeper each year.
The effort to boost New Jersey’s minimum wage to $15 an hour — supported by Gov. Phil Murphy and legislative leaders — has been slowed by concerns about its impact on young workers, small and seasonal businesses and the agriculture industry.
The various branches of New Jersey state government seem in a quandary about how to hold responsible many public employees who took part in defrauding the government health benefits system of more than $25 million.