By Gregory Bresiger, includes “The state, the report concluded ‘remains in abysmal fiscal health and had no money set aside to weather the current or any future crisis.’ New Jersey officials claim the state has a balanced budget. ‘If this is true,’ Bergman asks, ‘then how is it the state has this massive debt problem?’ … Bergman contends rating agencies are compromised by relationships with states and cities. …”
Read the full article on: The Epoch Times