Experts See Clouds on the Fiscal Horizon for NJ Government

A bipartisan group of state fiscal-policy experts is raising new concerns about the long-term trajectory of New Jersey’s state budget and finances, even as the nation itself seems to be absorbing the worst effects of high inflation.

In a report released Tuesday, a state budget workgroup assembled by the Steve Sweeney Center for Public Policy at Rowan University suggests a series of multibillion-dollar budget gaps are looming under existing tax and spending policies.