Hundreds of business leaders, legislators and state department heads packed the galleries and the outdoor pavilions of the New Jersey State Museum in Trenton on June 12 for the New Jersey Chamber of Commerce's 17th Annual Open House. It was the second consecutive year the event was held away from our Trenton offices - a result of the growing popularity of the event. As always, there was great food, drink and ample networking opportunities for everyone.
We have a short-term budget problem in New Jersey but a much more serious long-term fiscal problem. We can debate solutions to both, but there is only one solution that has received unanimous support for bringing New Jersey back to economic health.
The unquestioned solution is job growth.
While Gov. Chris Christie is still several weeks away from announcing his proposal to overhaul New Jersey’s pension and retiree health benefits system, his plan seems most likely to center on a “hybrid” model that would give current employees a smaller defined-benefit payoutsupplemented by a 401K-style defined contribution plan.
Neither of them said they necessarily supported an increase to the state gas tax. But both Assemblymen Gary Schaer, chair of the Assembly Budget Committee, and Declan O'Scanlon, the committee's ranking Republican, said a gas tax hike alone wouldn't answer the need to raise $1.6 billion for annual maintenance and improvements to the state's highways, bridges and mass transportation.
Government Regulations Are No longer the Top Concern for Executives
Business leaders are down on Obamacare, concerned about consumer spending, and they don't want New Jersey to host another Super Bowl, according to the latest ParenteBeard-New Jersey Chamber of Commerce Business climate survey.
Government Regulations Are No longer the Top Concern for Executives
Business leaders are down on Obamacare, concerned about consumer spending, and they don't want New Jersey to host another Super Bowl, according to the latest ParenteBeard-New Jersey Chamber of Commerce Business climate survey.
Democratic Assemblyman Gordon M. Johnson, Republican Assembly Anthony M. Bucco, and commercial lawyer Ted Zangari all sung the praises of the state's new economic incentives designed to lure companies to New Jersey, during a New Jersey Chamber of Commerce Breakfast Roundtable on Growing Jobs and the Economy in Monroe on April 29.
The 77th Annual Walk to Washington and Congressional Dinner on April 22 and 23, 2014 brought to Washington a who's who of New Jersey business and government leaders, all of whom participated in what NJBIZ newspaper has called "a massive mobile networking event" and The Star-Ledger called "a longstanding Jersey tradition."
U.S. Sen. Bob Menendez may be banned from Russia, but he was welcomed to a luncheon for members of the New Jersey Chamber of Commerce Cornerstone members in Iselin on April 4.
The ranking senator from New Jersey, who chairs the Senate Foreign Relations Committee, spoke candidly on a wide range of topics during a question and answer session with Cornerstone members, including relations with Russia, Middle East peace talks, Sandy recovery, the federal income tax rate, transportation funding and working with Sen. Cory Booker.
Former Gov. Brendan Byrne — whose funny one-liners are New Jersey legend — turns 90 today, and it won't be a quiet birthday.