NJ panel deadlocks on vote to raise health premiums for teachers

by Nikita Biryukov, New Jersey Monitor A state panel deadlocked on a vote to raise premiums on school workers’ government-run health plan by an average of 34%, leaving health insurance rates in a state of uncertainty a little more than a month after open enrollment begins. The School Employee Health Benefit Commission’s 4-4 vote forestalls…

NJ strikes 5,100 from voter rolls in wake of registration gaffe by Dana DiFilippo, New Jersey Monitor New Jersey officials have deleted 5,100 registered voters from state voter rolls and directed another 1,650 to county election officials for review, one month after Gov. Rebecca ‘Mikie’ Sherrill revealed that thousands of noncitizens may have registered to vote…

Bond market panic plagues Treasury Secretary Scott Bessent

The bond market, that great and grumpy oracle of American finance, has finally shouted its verdict from the rooftops, and the news is not fit for polite company. Long-term Treasury yields on Monday shot to their highest point since 2007, a spike that sent a shudder through every corner of the economy and forced Treasury…

Financial foolishness buries United States of America in debt

The federal government’s ledger has put another one of President Donald Trump’s promise into the realm of fantasy, with the national debt plunging past $40 trillion — a number so vast it has ceased to have meaning for the ordinary citizen. Treasury data for Aug. 18 showed the closing balance for public debt outstanding totaled…