BuzzyBuzz

    Everything you want to know just here you will find

    New Jersey Facing Economic Crisis In Wake Of Coronavirus Pandemic

    /
    /
    /
    17 Views

    SOME SECTORS OF OUR ECONOMY REOPEN BUSINESSES MUST DO EVERYTHING POSSIBLE TO KEEP EMPLOYEES AND CUSTOMERS SAFE WE ALSO LEARNED TODAY NEW JERSEY IS LIFTING SOME RESTRICTIONS ON OUTDOOR GATHERINGS AND CAMPGROUNDS AS WE HEAD INTO THE MEMORIAL DAY WEEKEND

    BUT THE STATE IS FACING ECONOMIC CRISIS "EYEWITNESS NEWS" REPORTER CLEVE BRYAN HAS THE STORY NOW FROM WASHINGTON TOWNSHIP 10 BILLION DOLLARS THANKS A JAW DROPPING FIGURE NEW JERSEY'S TREASURER DETAILING WHAT OFFICIALS ARE CALLING THE FINANCIAL CRISIS THAT FOLLOWS THE COVID-19 HEALTH CRISIS

    WITH REVENUES LIKE SALES TAX DOWN BY AS MUCH AS A THIRD THE STATE PROJECTS AT LEAST A TEN BILLION DOLLAR DEFICIT OVER THE NEXT 13 MONTHS WITHOUT SIGNIFICANT FEDERAL AID THEY WOULD HAVE TO CUT PROGRAMS AND POSSIBLY FURLOUGH STATE WORKERS I POINT THIS OUT NOT TO BE A DOOM SAYER BUT TO UNDERSCORE SOME EXTREMELY DIFFICULT DECISIONS HAVE TO BE MADE IN WEEKS AND MONTHS AHEAD ECONOMIC PICTURE FOR STATE, LOCAL BUSINESSES AND RESIDENTS ALL DEPEND HEAVILY ON THE SPEED AND EFFECTIVENESS OF COVID-19 RECOVERY TO THAT END, GOVERNOR PHIL MURPHY FURTHER EASED RESTRICTIONS FRIDAY BY EASING SIDE OF PERMISSIBLE OUTDOOR GATHERINGS FROM TEN TO 25 PEOPLE

    IF YOU WERE LOOKING FORWARD TO GATHERING WITH YOUR NEIGHBORS FOR MEMORIAL DAY COOKOUT YOU MAY DO SO AS LONG AS SOCIAL DISTANCING AND PERSONAL RESPONSIBILITY REMAIN THE ORDER OF THE DAY STATE OFFICIALS ARE NOT REQUIRING BUT STRONGLY ENCOURAGE EVERYONE TO WEAR FACE COVERINGS IN PUBLIC AS THEY TRY TO AVOID A RESURGENCE OF THE CORONAVIRUS WHICH, TO DATE, HAS KILLED NEARLY 11,000 NEW JERSEYANS AND THIS WEEKEND LET'S TAKE A MOMENT TO SAY A PRAYER FOR THEM AS WE REMEMBER OUR FALLEN MILITARY HEROS ESPECIALLY IN FOIGS TO LOOSENING OUTDOOR GATHERING RESTRICTIONS TO 25 PEOPLE, GOVERNOR SAID ALL PUBLIC

    Source: Youtube

    This div height required for enabling the sticky sidebar

    %d bloggers like this: