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Murphy’s bail-me-out math

JUNE 4, 2020 | by Steven Malanga | CITY JOURNAL

By Steven Malanga, includes “… Murphy has said that, absent any Washington aid, he might be forced to borrow billions of dollars to avoid what he describes as intolerable budget cuts. … Borrowing money is appealing, though, because it would let Murphy use the crisis to ‘shift costs onto some future governor’ … Why the rest of the country should subsidize New Jersey’s fiscal mismanagement is a question that congressional representatives from better-run states should be asking. …”

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