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N.J. ‘In Worse Shape’ Than Any Other State, Senate Boss Says

‘All the money is going to pensions and health care,’ he says
Senate President Stephen Sweeney comments in an interview

By

Danielle Moran and

August 28, 2019, 2:41 PM UTCUpdated onAugust 28, 2019, 4:34 PM UTC

New Jersey’s Senate president said credit-rating companies may be underestimating the severity of the state’s financial strains by giving it the second-lowest grade after Illinois.

“We are in worse shape than Illinois,” Senator Stephen Sweeney, a Democrat, said in an interview. “We are not investing in education, we are not investing in the areas that we want because all the money is going to pensions and health care.”