7 Facts About Famous Sporting Trophies You Probably Do Not Know

Gloucestercitynews.net(January 17, 2020)–We all know about trophies presented to a winning team or an individual in different

sports

. However, what we do not know is the fun or interesting facts related to the trophies. There is less information regarding this, and most of the people are unaware of the facts.

Most of the trophies that winners receive today for their excellent performance carry the name of the person who was the president of the sports club. Nonetheless, all

popular trophies

have stories to tell and share interesting facts. The information provided below gives complete details about seven exciting facts related to famous sporting trophies.

The Claret Jug

The

Claret Jug

is a fancy silver cup awarded to the winner of the British Open. Tom Morris Junior won the open continuously for three years (1868-70). The trophy required £30. Although Tom won the next open in 1871, he could not get the award because it was not ready.

Walker Cup

The name “Walker Cup” is after the president of the United States Golf Association. The winner of amateur golf competition between the British Isles and the United States receive the trophy. Matches became regular for every second year from 1922.

Venus Rosewater Dish

The Venus Rosewater Dish is the Wimbledon single’s trophy awarded to ladies at the championship. The dish became part of the tennis family since 1886 and has become a pride in the sport. Rosewater dishes were popular in England, as it helped them to collect rosewater poured on the hands to wash. It is a copy of the pewter located in the Louvre.

Ryder Cup

What makes Ryder Cup interesting is the fact that the winner does not receive any prize money for the competition even when the sport is a high-profile event. Usually conducted between the United States and Great Britain, the Ryder Cup is a men’s golf competition. Both the countries participate in it, which is biennial with changing venues. The cup remains exceptional and profound in the field of professional sports, given that the players receive no winning money.

Gordon Bennett Cup

James Gordon Bennett junior was a publisher for the New York Herald. He was a prominent individual and acquired the knack for sponsoring several sporting and exploration events held across the United States. He was the first person to sponsor the first-ever tennis match conducted in the United States and sponsored the trip of Henry Morton Stanley to find David Livingston in Africa. With the recognition that he possessed, he went on to establish Gordon Bennett cups for international yachting, for automobile racing, and for ballooning. Although the latter two no longer exist, the cup for ballooning continues even till today.

Borg-Warner Trophy

The winner of the Indianapolis 500 motorsport competition receives the Borg-Warner trophy. The unique design and construction of the trophy have an exciting story. The cup stands 5 feet tall and weighs 45 kg. The surface of the trophy has the faces of the winners of the Indianapolis 500 competition from its start in 1911. While the original trophy sits in the hall of fame museum of the Indianapolis Motor Speedway, the winner of the competition receives a replica of the original that is 18-inches and termed as “Baby Borg.”

FIFA World Cup

FIFA world cup attained recognition across the world within a short time. From 1930 to 1970, winners of the FIFA world cup

received the Jules Rimet Trophy

. The president initiated conducting the tournament after voting in the year 1929. The trophy carries the name of the president, Jules Rimet. Furthermore, according to the president, Rimet, stated that any nation that continues to win the trophy three times gets the chance to keep the award permanently. Brazil won the third world cup in 1970 and thus allowed to keep the trophy forever.

Community Reformers Call on DPRA Members to Investigate Questionable Land Dealings

CAMDEN CITY, NJ (January 17, 2020)(Gloucestercitynews.net)-

-Community reformers jammed the Delaware River Port Authority meeting on Wednesday calling on the governors of New Jersey and Pennsylvania

to investigate the connection of the DRPA board members with political

Sue Altman, state director of New Jersey Working Families was dragged from a hearing in Nov. where George E. Norcross III testified he did not manipulated New Jersey’s controversial tax incentive program for his benefit (photo courtesy of

The Philadelphia Inquirer)

power broker George Norcross III.

The

Philadelphia Inquire

r reported the progressive political groups specifically cited the two parcels of land that the agency sold or optioned for development projects in Camden.

“It is time for a full accounting of the facts and to clean house in an agency that has acted for too long as a tool of special interests,\” wrote leaders of the two groups, New Jersey Working Families and Pennsylvania Working Families, in a letter addressed to Govs. Phil Murphy and Tom Wolf on Wednesday.

The groups also made that request in person Wednesday morning, when about a dozen activists filed into the DRPA’s 11th-floor conference room in Camden.

Seven of them addressed the agency’s board, composed of members appointed by the governors of both states.

“There are people on the DRPA board, certainly on the New Jersey side … with very, very strong political connections and financial connections to a political machine that, in our opinion, prioritizes the lining of its own pockets and corporate interests over the interests of the public dollar and of public opinion,” said Sue Altman, state director of New Jersey Working Families.

The letter follows

an Inquirer article

, published last month, that detailed how South Jersey political power broker George E. Norcross III came to acquire a three-acre parking lot near the Camden waterfront. Both the DRPA and the Camden Redevelopment Agency held rights to the land, which was appraised at $2.3 million.

The DRPA’s interest in the land was appraised at $800,000, and in 2016 the agency sold the parcel for that amount to Liberty Property Trust, the onetime developer of a major waterfront project fueled by a controversial state tax-credit program. Liberty later sold the land to Norcross and his business partners for $350,000 according to

The Inquirer.

(read more)

DOWN WITH TYRANNY! DOWN WITH \’KING\’ GEORGE NORCROSS-cnbnews.net

CNBNEWS POINT OF VIEW: Our Elected Officials Need to Remember Who They Represent

Trending Destinations To Consider For Your 2020 Vacation

(Gloucestercitynews.net)(January 17, 2020)– As January is said to be one of the most depressing months of the year, it could be time to start planning your next vacation. With deals and offers hitting our screens ready to get you out of the winter blues, check out some of the best destinations to consider for your next getaway.

Hawaii

For a blissful vacation, not far from home shores,

Hawaii is the perfect remedy

. Its beautiful mix of beaches and resorts offers you the chance to soak up the sunshine all year round. For destinations, a little off the tourist tracks, visit locations in the North Shore area for azure waters and spectacular scenery. This spot is also perfect for adventurers as the hikes and walks in the region certainly capture the magical view.

Morocco

Heading to North Africa, you’ll find the enchanting destination of Morocco. There are many diverse spots to behold, including the vibrant cities of Marrakesh and Casablanca. For anyone looking to immerse themselves in the authentic culture, the myriad of markets and medina’s is enough to satisfy your curiosity. There are many

Morocco vacation packages that offer a mix of culture and traditional beach getaways

. So you will have the best of both worlds for a unique vacation experience.

United Kingdom

Home to the Queen and birthplace of The Beatles, the United Kingdom has always proved a top spot for vacationers looking for a fun getaway. There’s a diverse selection of places to visit, including the popular capital of London to the glorious sandy shores of Cornwall. Traveling further north, you’ll also find the captivating destination of Scotland that boasts incredible scenery and the home of the Loch Ness Monster.

French Riviera

If you’re looking for a splash of luxury on your travels, the

French Riviera

is a must-visit. Located on the beautiful shores of the Mediterranean, here you’ll find some of the top luxury locations of Saint Tropez and Cannes to indulge in the resorts and hotels of the rich and famous. This destination is also perfect for anyone that loves cruises and boat excursions, as you can hop on a tour and visit the nearby coastal resorts of Monaco and Nice.

Bali

Considered as one of the most beautiful and captivating islands in Indonesia, Bali is often a top choice for people looking to soak up the sunshine on a relaxing vacation. Here, you’ll find stunning scenery and a mix of retreats and lively resorts, and you can’t ignore its laidback vibe, which offers a genuinely tranquil break. The island is also home to a variety of historic temples and heritage sites. Plus, for those looking for something a little more fast-paced, there’s water sports and hiking to quench your thirst.

Whether you’re looking for the ultimate luxury vacation or want an affordable destination to get away from it all for a few weeks, there is a host of options both home and away. Don’t take our word for it, go and explore and see where your vacation takes you in 2020.

Rock Band from Gloucester City Releases New Album

The Warhawks, a rock-band from Gloucester City

photo courtesy of New Jersey Stage

GLOUCESTER CITY, NJ (January 17, 2020)(CNBNewsnet)–The Warhawks, a rock-band from Gloucester City, NJ have released a brand new EP titled

Stardust Disco

, according to

NewJerseyStage.com

This EP finds the band shedding some skin from their last release,

Never Felt So Good

, and showing off their appreciation for pop music. Just think of some of the more radio friendly hits of bands like The Clash and Pixies mixed with the beautiful vocal arrangements of The Beach Boys and you\’ll start to get an idea of what

Stardust Disco

is all about.

That\’s not to say that The Warhawks have forgotten how to write a straight up rock and roll tune. In fact, your first taste of

Stardust Disco

, is a track titled \”Deliver\” and it\’s a raucous of rumbling bass, big guitar leads, and gang vocals. Along with the song, The Warhawks have announced a handful of tour dates to support the new EP reports

New Jersey Stage.

Band members include Matt Orlando, Tom Lipski, and Bilodeau brothers John and Pat.

The band released their debut LP

Never Felt So Goo

d in January 2019, recorded and mastered by Dave Downham (Beach Slang, Into It, Over It). Combining soaring punk rock anthems of love, life and hope with a refreshing alt-rock twist,

Never Felt So Good

would earn them accolades as 93.3 WMMR’s “Band of the Month” that following March, as well as steady rotation of their song “Miracle” on top indie station 88.5 WXPN and live appearances on WRFF Radio 104.5.

For upcoming tour dates read here

N.J. Working Families Demands Criminal Investigation Following Release of EDA Report

(

January 17, 2020)–N

ew Jersey Working Families State Director Sue Altman (photo)released the following statement in response to yesterday’s task force report:

“The task force’s new report unearthed a staggering level of corruption unprecedented in New Jersey history. George Norcross,

his brothers and his companies conspired to cheat taxpayers of hundreds of millions of dollars – and they did it with the full cooperation of the Christie administration and legislative leaders.

“This is Trenton at its worst. Norcross lied to the Legislature, and no one dared ask him hard questions or hold him accountable.

“It’s time for law enforcement to step in and provide justice for New Jersey taxpayers. If politicians could be charged for taking cash out of coffee cups, then political insiders who robbed taxpayers of hundreds of millions of dollars need to ex

TerrAscend Issued Permit to Grow Medical Marijuana

Eighth Alternative Treatment Center Statewide Permitted to Grow

Boonton Township NJ

–The New Jersey Department of Health today issued a permit to TerrAscend in Boonton Township to begin growing medical marijuana. The permit was issued after a comprehensive review including several site inspections, background checks of

its corporate officers and a review of its security operations and cultivation facility.

“The Department is committed to providing greater access to this therapy for patients,” said New Jersey Health Commissioner Judith Persichilli. “TerrAscend is the fourth Alternative Treatment Center to receive a permit to grow product in the northern region of the state.”

After product has been tested by the state laboratory and the dispensary is operational and inspected by the Medical Marijuana Program (MMP), a second permit will be issued to operate and dispense as an Alternative Treatment Centers (ATC). TerrAscend will operate their dispensary in Phillipsburg.

Once TerrAscend receives its permit to dispense, the MMP will notify the patients and caregivers by email of the opening date.

TerrAscend is the second ATC to receive a cultivation permit among the awards made by the MMP in December 2018. In December 2019, the MMP

issued

cultivation and dispensing permits to GTI, which opened Rise dispensary in Paterson that same month.

TerrAscend officials hope the dispensary is permitted and able to begin dispensing medical marijuana to registered patients and caregivers in the spring.

“We are honored to receive our cultivation permit after meeting the rigorous requirements and operating procedures by NJ DOH,” said Jason Ackerman, Executive Chairman of TerrAscend. “TerrAscend is committed to compliance, quality and safety and we look forward to bringing high-quality, trusted brands from TerrAscend’s portfolio to medical-use patients in New Jersey.”

There are seven Alternative Treatment Centers currently dispensing medical marijuana: Greenleaf Compassion Center of Montclair, Compassionate Care Foundation of Egg Harbor, Garden State Dispensary of Woodbridge and Union Township, Breakwater Alternative Treatment Center of Cranbury, Curaleaf NJ, Inc. in Bellmawr, Harmony Dispensary in Secaucus and Rise in Paterson.

Participation in the program continues to grow. There are more than 66,200 patients, 2,500 caregivers and 1,092 physicians participating in the program.

Patients and caregivers can visit the

MMP\’s website

if they choose to change their preferred ATC. The change can also be made by calling the Customer Service Unit of the MMP at 609-292-0424 and does not require changing ID cards.

Patients can refer to the

FAQ section

of the MMP website for additional information. The 474 active physicians enrolled in the program are listed by county and medical specialty.

New Jersey residents interested in registering for the MMP can click

here

For more information about TerrAscend, visit

https://nj.terrascend.com/

Follow the New Jersey Department of Health on

Twitter

@njdeptofhealth,

Facebook

/njdeptofhealth,

Instagram

@njdeptofhealth and

Snapchat

@njdoh.

For more information, visit our homepage at

nj.gov/health

PENNSYLVANIA SPORTSBOOKS CLOSE 2019 WITH RECORD $342.6 MILLION IN BETS

Online sports betting continues to grow as online poker scores strong month, according to

PlayPennsylvania.com

(LAS VEGAS) — Pennsylvania online and retail sportsbooks posted a record handle of more than $342 million in December — and crossed $1 billion in online bets since launch — to cap a year that generated nearly $1.5 billion in wagers. And with a full year of online sports betting ahead and an increasingly robust offering of operators, Pennsylvania should more than double that handle in 2020, according to analysts from PlayPennsylvania.

“That last two months of 2019 began to show us the real potential of the Pennsylvania market,” said Dustin Gouker, analyst for

PlayPennsylvania.com

. “The launch of DraftKings in November, adding one of the best-known brands to Pennsylvania, helped push online betting forward. And now that the online market is maturing, it is entirely possible that 2020 could bring in $4 billion or more in online and retail bets.\”

In December, Pennsylvania’s sportsbooks accepted $342.6 million in wagers, up 8.2% from $316.5 million, according to official data released Thursday. Before November, Pennsylvania had never accepted more than $200 million in a single month.

December’s bets produced $17.5 million in revenue — down from November’s $20.6 million win — injecting $3.9 million into state coffers.

In 2019, the Keystone State generated:

$1.49 billion in bets, including $1.1 billion in online bets.

Taxable revenue of $84.1 million, including $43 million online.

$28.6 million in state taxes

Pennsylvania will finish 2019 a distant third in total handle among all legal sports betting jurisdictions. New Jersey, the country’s No. 2, attracted $4.6 billion in bets in 2019. But Pennsylvania’s haul in state taxes was more comparable to New Jersey, which generated revenue of $36.5 million.

“Pennsylvania is beginning to succeed where it wanted to most: making sports betting a significant revenue driver for the state,” Gouker said. “Its tax rate is significantly higher than every other state, which has slowed the industry’s growth. But Pennsylvania is the most populous state to fully legalize sports betting, and that has proven to be too enticing for operators to ignore.”

The key reason for the Pennsylvania’s year-end momentum is its growing roster of online sportsbooks, which combined to produce 86.8%, or $297.5 million, of the state’s total December handle.

FanDuel Sportsbook at Valley Forge Casino is still the state’s standard-bearer, accepting $154.5 million in December bets, up from $149.7 million in November. That yielded $7 million in taxable revenue, up from $5.6 million. FanDuel was followed by:

DraftKings at The Meadows ($35.9 million in December handle, up from $16.2 million; $732,883 taxable revenue, down from $1.1 million)

Rivers-Philadelphia ($30.6 million in handle, down from $32.4 million; $1.1 million revenue, down from $1.4 million)

Rivers-Pittsburgh ($28.3 million in handle, down from $32.4 million in November; $1.3 million revenue, up from $1.1 million)

Parx Casino ($25.5 million handle, up from $22.4 million; $779,529 revenue, down from $1.3 million)

Fox Bet at Mount Airy ($16.4 million handle, up from $13.5 million; $312,658 revenue, down from $1 million in revenue)

Unibet at Mohegan Sun Pocono ($6.1 million handle, up from $1.9 million; -$31,744 revenue, up from -$46,642)

Rivers Philadelphia’s $7.7 million handle, down from $8.9 million in November, overtook the retail market. That yielded $590,177 in revenue, up from $234,951. Rivers Philadelphia was followed by:

Parx ($7.51 million handle, down from $8.1 million; $572,416 revenue, down from $739,281)

Rivers Pittsburgh ($7.48 million handle in November, down from $8.9 million; $518,743 revenue, up from $486,449)

Valley Forge Casino ($3.6 million handle, up from $3.2 million; $107,145 revenue, down from $192,492)

South Philadelphia Race and Sportsbook ($3.3 million handle, down from $3.6 million; $328,651 revenue, down from $339,310)

Hollywood Casino at Penn National Race Course ($3.2 million handle, down from $3.8 million; $112,277 revenue, up from $48,520)

Harrah’s Philadelphia ($3 million handle, even with November; $123,799 revenue, down from $234,355)

Presque Isle ($3 million handle, down from $3.7 million; $217,870 revenue, down from $302,458)

Mohegan ($2.6 million handle, up from $2.5 million; $257,956 revenue, up from $173,120)

Oaks Race and Sportsbook ($1.2 million handle, down from $1.4 million; $65,949 revenue, down from $149,765)

Mount Airy ($814,931 handle, down from $868,026 handle; $73,692 revenue, up from $43,680 in revenue)

“The Rivers Casino books in Pittsburgh and Philadelphia have capitalized on their markets to set themselves apart,” Gouker said. “But the proliferation of online betting has muted the growth of retail sportsbooks. The convenience of online betting, coupled with a robust in-game experience, is tough for retail sportsbooks to match.

ONLINE POKER TAKES OFF IN DECEMBER

Online poker drew significant history as the popularity of online casinos continued to grow in December. Online casino games and poker produced a record $10.6 million in December gross revenue, up 22% from $8.7 million in November. That yielded $2.3 million in tax revenue for the state.

Poker generated $2.5 million in December — all at Mount Airy/PokerStars — putting the record $3.4 million that New Jersey online poker rooms tallied in January 2014 in sight.

“The interest in poker so far in Pennsylvania is dramatic compared with neighboring New Jersey, where about 3% of online casino and poker revenue comes from poker,” Gouker said. “New Jersey got off to a hot start, too. So the question now is can the Pennsylvania sustain the initial enthusiasm.”

Rivers-Philadelphia held on to the online casino and poker market lead with $3 million in revenue on $181.5 million in bets. Revenue was down from $3.2 million on $148.7 million in wagers in November. Rivers-Philadelphia was followed by:

Mount Airy/PokerStars ($3.5 million in revenue, up from $3 million in November; $73.6 million in bets, up from $48 million)

Penn National ($1.7 million in revenue, down from $1.9 million; $54.6 million in bets, down from $57.1 million)

Parx ($1.5 million in revenue, even with November; $53.7 million in wagers, down from $55.5 million)

Unibet/Mohegan Sun Pocono ($406,445 in revenue, up from $131,415; $22 million in bets, up from $7.4 million)

For more information on the revenue generated by Pennsylvania sports betting, visit

www.playpennsylvania.com/revenue

About the

PlayUSA.com

Network:

The

PlayUSA.com

Network is a leading source for news, analysis, and research related to the market for regulated online gaming in the United States. With a presence in over a dozen states,

PlayUSA.com

and its state-focused branches (including

PlayNJ.com

and

PlayPennsylvania.com

) produce daily original reporting, publish in-depth research, and offer player advocacy tools related to the advancement of safe, licensed, and legal online gaming options for consumers. Based in Las Vegas, the PlayUSA Network is independently owned and operated, with no affiliations to any casino — commercial, tribal, online, or otherwise.

MILLIONS OF STUDENTS AVOID STUDENT DEBT BY SUGAR DATING

The 2020 election is right around the corner, and there’s one thing all the Democratic candidates agree on: fixing the student debt crisis. While solutions including loan forgiveness and cancellation are on the table, the future remains uncertain, and Americans are saddled with $1.6 trillion in student loans.

LAS VEGAS (Jan., 2020) — Rather than become another one of the 44 million student loan borrowers in the United States, who graduate university only to be burdened by the heavy weight of loan repayments and a competitive job market, young Americans today are opting for their solution to the student debt crisis —

Sugar Daddies.

There are now over three million Sugar Baby students in the US, SeekingArrangement, the world’s largest Sugar Dating site, announces today. And, the school with the most is Arizona State University, with 2,724 students. Indiana University follows with 1,540 students, and New York University trails closely in third with 1,507 students.

To celebrate the fifth anniversary of Sugar Baby University, SeekingArrangement also releases the top 25 American community colleges that Sugar Babies attend. Virginia Community College outranks them all with 2,008 students.

With tuition increasing by four percent in 2019 to over $10,000 per year, it makes sense that students are finding these elevated relationships beneficial. The opportunities for mentorship and an expanded network are also enticing.

“It’s no surprise students are growing increasingly impatient with our politicians,” says Brandon Wade, Founder and CEO of SeekingArrangement. “How can they trust a system that has continuously failed to make any real changes to the student debt crisis? SeekingArrangement has provided a platform for students to go to college without the stress of money.”

A complete list of SeekingArrangement’s top universities and community colleges and

a downloadable press kit can be found here: https://www.seeking.com/p/sugar-baby- university-2020/usa. For more information regarding Sugar Baby University, or to request an interview with Wade please email Kelli at kelli.tellier@seeking.com.

Investors Bank Kicks-Off New Year with Competition for Small Businesses

Two Grand Prize Winners to Receive A Prize Package Valued at More than $100,000

in Easy-to-Enter Competition in New York/New Jersey

SHORT HILLS, N.J.

–

Investors Bank

is kicking-off 2020 by inviting small businesses in New York and New Jersey to compete for a prize package valued at more than $100,000. The easy-to-enter Investors Bank Movers & Shakers Small Business Competition is open to businesses with between $2 million and $20 million in revenue and less than 100 employees,

headquartered or conducting the majority of business in Metro New York and New Jersey. Ten finalists will be selected from among the two categories: general business and minority- or women-owned business. There will be two grand prize winners named from among the finalists.

Investors Bank, WCBS Newsradio 880, and the New Jersey Devils are providing the grand prizes for the Movers & Shakers Small Business Competition, which include:

$10,000 in cash from Investors Bank;

$15,000 in advertising value on WCBS Newsradio 880;

Exclusive New Jersey Devils corporate sponsorship assets; and,

VIP event experience at Prudential Center for the contest winners and 15 guests.

“Investors Bank is committed to helping small businesses grow by supporting those that share our key ideals of creativity, competitiveness, and community,” said Domenick Cama, President and Chief Operating Officer, Investors Bank. “Small businesses are vital to the local economy. The extent to which small businesses provide valuable services determines the local economy’s prosperity. We want to support this prosperity.”

Interested applicants should submit an “elevator pitch” of no more than 1,000 words describing how their business aligns with the Investors Bank ideals of:

Creativity

– uniqueness, bringing a new approach to the marketplace;

Competitiveness

– managing near-in competition and with the larger conglomerates; and,

Community

– having a positive impact on the immediate neighborhood where customers and employees live and work, as well as the region and the world.

Entries must be submitted to

www.myinvestorsbank.com/SmallBizEntry

by February 28, 2020. A short video about the competition also is available at that website.

“Small businesses are the foundation of our communities and Investors is committed to finding better ways to serve them,” said Mike MacIntyre, Head of Business Banking at Investors. “We recently hired an additional team of small business bankers dedicated to helping our small businesses succeed, as well as have plans to phase in a digital loan origination platform to streamline our small business loan origination process.”

All of the finalists will be invited to an event at the Radio.com Theater, and will receive tickets to the WCBS NewsRadio 880 New Jersey Business Breakfast in June.

“Investors prides itself on its commitment to community, whether through our support of small business, the work we do through our foundation, our sponsorships, or the tens of thousands of hours volunteered each year to support local initiatives,” said Bill Brown, Executive Vice President, Chief Retail Officer, Investors Bank. “Community is who we are, and small businesses are the backbone of communities.”

More information on the Investors Bank Movers & Shakers Small Business Competition is available at your local Investors Bank branch or at

www.myinvestorsbank.com

. For contest rules and eligibility, visit

www.myinvestorsbank.com/SmallBizEntry.com

About Investors Bank

Investors Bank, headquartered in Short Hills, New Jersey, is a full-service community bank that has been serving customers since 1926. With over $27 billion in assets and a network of more than 145 retail branches, Investors Bank delivers personalized services and products tailored to the needs of its customers. Investors Bank’s banking services include complete deposit, loan and cash management products for consumers and businesses.

Investors Bank: Member FDIC and Equal Housing Lender.

NJBIA Statement on State of the State Address

New Jersey Business & Industry Association President CEO Michele N. Siekerka, Esq. issued the following statement in response to today\’s State of the State address by Gov. Phil Murphy.

\”As we embark on a new decade, we can all support a New Jersey where everyone has the greatest opportunity to succeed.

\”Through the midpoint of his term, Governor Murphy has defined his mission for a \’stronger and fairer\’ economy. Part of the fulfillment of this calling has been a focus on returning New Jersey to its status as the Innovation State, and positive steps to foster workforce development.

\”We commend the governor for these efforts, and we look forward to learning more about Jobs NJ as its mission aligns with our continued workforce development efforts.

\”The major issues that remain for New Jersey, however, are escalating taxes, untenable increases in spending, deepening fiscal deficits and a worsening business climate. For the sake of our affordability and competitiveness, New Jersey needs to reverse course on each of these issues.

\”New taxes of any kind will not address or solve New Jersey\’s structural challenges. We simply cannot tax ourselves out of our pension liability and post-employment benefit obligations. New Jersey desperately needs a commitment to impactful fiscal reforms to ensure a stable future, instead of continued, excessive taxation heaped upon overburdened residents and businesses.

\”Re-authorizing a new tax incentive program is the next big step, and it\’s one Governor Murphy and the Legislature must take together. This urgency cannot be overstated. It should have appropriate oversight and regular reviews of effectiveness. But it also should be a strong, robust program to give New Jersey the competitive boost it sorely lacks right now.

\”Absent a strong economic incentive program, New Jersey cannot level a playing field mined with excessive taxes and costs.\”