N.J. continues to face massive deficits, fiscal experts warn • New Jersey Monitor

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N.J. continues to face massive deficits, fiscal experts warn • New Jersey Monitor

Multi-year budget projections show the state is set to spend billions more than it takes in over the coming years. (Illustration by Alex Cochran for New Jersey Monitor)As Gov. Phil Murphy prepares to deliver his final budget address next week, a nonpartisan panel of fiscal experts is warning that New Jersey continues to face growing deficits and a dwindling surplus. A new report from Rowan University’s Steve Sweeney Center for Public Policy said…