CIANJ RESPONDS TO GOVERNOR MURPHY’S PROPOSED REVISED FY 2021 BUDGET

“In these uncertain and unprecedented times, the Commerce and Industry Association of New Jersey (CIANJ) was disappointed that the Governor’s proposed nine month FY21 budget includes new taxes, extensive borrowing and limited reductions in state spending,” said Anthony Russo, President, CIANJ. “New Jersey has never been in a more dire economic situation with nearly a million and half New Jerseyans filing for unemployment and businesses suffering significant losses.”

“With the future of New Jersey at stake, we urge the Governor and the Legislature to kick-start our economic recovery by further reducing and controlling state spending and helping businesses by not further burdening them with new taxes,” Russo said. “If approved, this budget will further impede our economic recovery and will place businesses in an untenable position resulting in additional job losses and businesses closing their doors permanently.”

CIANJ President Anthony Russo is available for interviews on the proposed budget – please contact Tracy Schoenberg, Director of Communications for CIANJ, at 201-694-2853 to schedule an interview.

About CIANJ

CIANJ is a unique network of businesses committed to improving and advancing the cause of free enterprise in the Garden State. Our focus sets us apart from other organizations and provides the basis upon which we work to make our state a better place to live, work and conduct business.