Malls on the decline — WHO is on the hook for $1 billion?
A few months ago, the New Jersey Sports and Exposition Authority essentially gave away about $1 billion of New Jersey tax dollars to subsidize a mall.
That's $1 billion that, instead of going into the treasury, will go to pay back bond investors. That's one billion dollars that will not be used to help secure the pension system, go toward education or repair our aging transportation infrastructure.
The Governor talks a good game about his cause to fight addiction but has done nothing to push back on the reckless nature of how NJ Government fails to protect the future of our state.
With New Jersey ranking as number one for the fifth year in a row as the state with the highest number of people moving out it's critical that we start electing political leaders who understand the problems of affordability and accountability in our state.
Here's my question to you:
Have a different answer? Comment below!
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