NJ Spotlight News | A breakdown of NJ Transit's finances

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NJ Spotlight News | A breakdown of NJ Transit's finances | Season 2025

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NJ Spotlight News | A breakdown of NJ Transit's finances | Season 2025

//business-finance.news-articles.net/content/202 .. akdown-of-nj-transit-s-finances-season-2025.html

Published in Business and Finance on Tuesday, May 20th 2025 at 6:00 GMT by PBS
^{🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source}

Interview: John Reitmeyer, budget and finance writer, NJ Spotlight News

The video at the provided URL features an interview with John Reitmeyer, a reporter from New Jersey Monitor, discussing the state's budget situation. Reitmeyer explains that New Jersey is facing a significant budget shortfall, projected to be around $1 billion, due to declining revenues and increased spending pressures. He highlights the challenges Governor Phil Murphy and the state legislature face in addressing this deficit, including potential tax increases, spending cuts, or a combination of both. Reitmeyer also touches on the political dynamics at play, noting that the upcoming elections could influence the budget negotiations and the final decisions made by policymakers.

Read the Full PBS Article at:
[ https://www.pbs.org/video/john-reitmeyer-intv-1747686754/ ]

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