What is Inflation Doing to New Jersey’s State Budget?

The effects of high inflation – and ongoing efforts to rein it in – are looming large as New Jersey lawmakers get ready to draft a state budget that must be adopted within a matter of weeks. With annual inflation running over 8% nationally, New Jersey is flush with cash. But long-term forecasts suggest inflation will eventually slow, and some wonder if the state will be prepared. Read More from NJ Spotlight News.