Following the release of NJBIA’s guidance document on how New Jersey can best ensure the responsible use of $6.4 billion in federal pandemic recovery dollars, NJBIA President and CEO Michele Siekerka told NJ Spotlight News correspondent Rhonda Schaffler that paying down debt and having surplus funds were needed priorities for the state. “We took on […]
American Rescue Plan
NJ Business Leaders Speak on Pandemic Recovery Funds on this Weekend’s ‘Minding Your Business’
On this weekend’s edition of NJBIA’s “Minding Your Business,” a cross-section of New Jersey’s top business leaders discuss recommendations on how to responsibly use $6.4 billion in funding that is coming to the state via the American Rescue Plan. Speakers on the broadcast include: Joel Bloom, President, New Jersey Institute of Technology Bernie Corrigan, President, […]
Business Leaders Offer Recommendations for NJ’s Federal Relief Aid
Several thoughts were offered by business leaders on Monday on how to best use the $6.4 billion in federal aid coming to New Jersey via the American Rescue Plan. But whether it was a commitment to non-recurring spending, assistance for minority-owned businesses and nonprofits, debt savings, or investments in education and infrastructure, one common request […]
NJBIA Sets a Course for Economic Recovery with Federal Relief Funding Guidance
It’s a pivotal time in New Jersey’s fiscal history, with $6.4 billion in federal relief funding coming the state’s way. Given the critical moment, NJBIA released a guidance document this week for policymakers to consider how to best use that funding, balancing caution on how to spend it with where New Jersey can get its best return on investment. “It’s […]
NJBIA Issues Guidance Document on How NJ Should Use Federal Pandemic Aid
The New Jersey Business & Industry Association today released a guidance document on how New Jersey can best ensure the effective, efficient and responsible use of federal pandemic relief dollars to bolster the state’s recovery. Entitled “Navigating a Smooth Landing for Our State Budget and Economy,” the document provides six core tenets and specific investment […]