You are the news now

THE NEWS COMMENTER

VOTE  (0)  (0)

New Jersey may have to cut 200K jobs if no federal help: report

Added 05-29-20 04:29:02am EST - “Gov. Phil Murphy, the New Jersey Democrat, said in an interview Thursday that without financial help from the federal government, his? state will likely have to cut 200,000 public employees, including police officers and firefighters.” - Foxnews.com

CLICK TO SHARE

Posted By TheNewsCommenter: From Foxnews.com: “New Jersey may have to cut 200K jobs if no federal help: report”. Below is an excerpt from the article.

This material may not be published, broadcast, rewritten, or redistributed. ©2020 FOX News Network, LLC. All rights reserved. All market data delayed 20 minutes.

Lawmakers weigh aid options amid coronavirus closures; congressional correspondent Chad Pergram reports.

Gov. Phil Murphy, the New Jersey Democrat, said in an interview Thursday that without financial help from the federal government, his state will likely have to cut 200,000 public employees, including police officers and firefighters.

New Jersey is among several states facing serious financial hardships after the coronavirus outbreaks. There is debate in Washington about whether these states should have access to the funding. Some Republicans say poor fiscal management led them to this point.

“I don’t think there’s any amount of cuts or any amount of taxes that begin to fill the hole,” Murphy told Bloomberg Television. He continued, “The alternative to not getting that funding is a whole lot of layoffs—we think as much as 200,000 or more.”

Read more...

If you don't see any comments yet, congrats! You get first comment. Be nice and have fun.

CLICK TO SHARE

BACK TO THE HOME-PAGE