Until we're in a place where business is good, people are employed, and prices are reasonable, New Jersey should stop raising the minimum wage at its current rate.
The law increasing New Jersey's minimum wage included $10M in tax credits for hiring workers with disabilities. Another $10M might be added for hiring teens.
From $54 million for direct support professionals to $4 million for local news startups, lawmakers heard an earful of funding requests at a budget hearing.
Assemblyman Roy Freiman, D-Somerset, said his bill serves as a "circuit breaker" that presses pause on escalating increases should employment or revenues take a plunge.
If the hike in the minimum wage is going to affect property taxes, one of the first places it could show up is in the school budgets approved this spring.
State is being pressed to increase Medicare and Medicaid reimbursements along with the $15 minimum wage, or patients will pay more or providers could close.