Democratic Assemblyman Gary S. Schaer and Republican Assemblyman Anthony M. Bucco pointed out the good (transportation funding and repeal of the estate tax) and the bad (the pension deficit and skyrocketing health care costs) in New Jersey's upcoming state budget. Their breakdown came during the May 16 New Jersey Chamber of Commerce Roundtable Breakfast at the National Conference Center in East Windsor.
It’s hard to argue against public transportation as one of New Jersey’s most pressing issues: 100-year-old tunnels and bridges in need of repair, hundreds of thousands of commuters relying on them to keep things flowing.
“It is critical going forward that we’re able to prove ourselves and demonstrate effectiveness and efficiency,” said New Jersey Department of Transportation Commissioner Richard Hammer.
The New Jersey Chamber of Commerce on April 4 elected eight new members to its Board of Directors, and they represent a wide range of industries, services, nonprofits and advocacy organizations.
They are:
Mike Bukowski, plant manager, Bayway Refinery, Philips 66
A chemical engineer, Bukowski has 24 years of experience in the refining and chemical industries.
Thomas Comiskey, regional president, M&T Bank
Comiskey has 14 years of commercial banking experience, preceded by eight years in international marketing and corporate strategy roles.
Robert Garrett, co-CEO, Hackensack Meridian Health Network
Garrett began his tenure with Hackensack University Medical Center in 1981 as a resident, and served as president and CEO of the Hackensack University Health Network from November 2009 through July 2016, at which time he assumed the position as co-CEO of Hackensack Meridian Health.
Debbie Hart, founding president and CEO of BioNJ
Hart works to ensure a robust life sciences ecosystem in New Jersey. She worked alongside New Jersey's biotechnology industry leaders to establish BioNJ in 1994 and has been pursuing this passion ever since.
Richard Hoefling, vice president, Newark Hub, United
Hoefling oversees the entire operation for Newark and LaGuardia. Combined, he leads a team of more than 13,000 employees.
Ronald S. Ladell, senior vice president, AvalonBay Communities
Ladell oversees AvalonBay's development activities throughout New Jersey. He has been named to NJBIZ's list of the 75 most influential people in real estate every year since its inception, ranking No. 1 in 2016.
Brian J. Molloy, president and managing director, Wilentz
Molloy is charged with maintaining the reputation and legacy of one of New Jersey's oldest and most respected law firms.
Joseph S. Roth, president & CEO, New Jersey Organ and Tissue Sharing Network
Roth manages the organization with more than 150 employees and $37 million in annual revenue. NJ Sharing Network's mission is to save and enhance lives through organ and tissue donation.
"We welcome these respected leaders to the New Jersey Chamber of Commerce Board of Directors," said Tom Bracken, president and CEO of the New Jersey Chamber. "Each of them brings a wealth of business experience that will strengthen our Board and help us achieve our goal of growing New Jersey's economy and making the state more affordable for everyone."
The State Chamber's Board of Directors provides the guidance necessary for the NJ Chamber to promote a vibrant business climate throughout the state and to develop proactive solutions that will solve the challenges facing New Jersey's business community.
State Sen. Joe Vitale, a Democrat and a leading voice in healthcare policy in the Legislature, was the featured speaker at an April 7 New Jersey Chamber of Commerce Roundtable Breakfast.
He was straight to the point: Replacing the federal Affordable Care Act, he said, "would be a disaster for New Jersey" because it would reduce funding for Medicaid, reduce health services, lower payments to hospitals, and push up the cost of state-funded charity care.
Comcast Newsmakers' Jill Horner speaks with Michael Egenton, Executive President from the New Jersey State Chamber of Commerce, about the State Budget and Business Community.
NJBIZ newspaper released its Power 50 Health Care list this week - a list of what the newspaper considers the most powerful people in the New Jersey healthcare sector - and it features six members of the N.J. Chamber of Commerce Board of Directors.
NJBIZ newspaper released its Power 50 Health Care list this week - a list of what the newspaper considers the most powerful people in the New Jersey healthcare sector - and it features six members of the N.J. Chamber of Commerce Board of Directors.
Here are our Board members on the list:
"The ability of the New Jersey Chamber of Commerce to advocate for the business community is greatly enhanced by the quality of our Board of Directors," Bracken said. "This recognition by NJBIZ demonstrates the strength of our board, for which we are extremely proud."
To see the full list, click here.
As a leader in workforce development throughout the state, the New Jersey Chamber of Commerce Foundation constantly receives requests from school administrators and directors of community-based organizations for available internship opportunities for young adults. Unfortunately, there just aren’t enough internship opportunities to go around, and those that do exist often don’t allow the interns to roll up their sleeves and get their hands dirty in meaningful projects.
That is why the Chamber Foundation created the Remote Internship Experience (RIE), in which teams of young adults serve as “remote interns” for their communities.
The New Jersey Chamber of Commerce continues to applaud Gov. Christie's focus on the opioid crisis in New Jersey, as outlined in his State of the State speech in January and his budget message Tuesday.
As we said after the budget speech, we believe the governor's proposed solutions need to be fully vetted.
After analyzing the governor's proposal to tap Horizon Blue Cross Blue Shield of New Jersey's reserves as a funding source, we have concerns that this will impact Horizon and its stakeholders negatively.
The reduction this proposal would cause to Horizon's reserves could make it considerably more challenging for it to meet the needs of policyholders. This in turn could increase the costs to these policyholders.
At a time when we need to do all we can to make New Jersey more affordable for everyone, increases in insurance coverage costs would be a step backward.
Additionally, we appreciate Horizon's status as one of our state's most prominent corporate citizens. We should do all we can to ensure that status continues.
The N.J. Chamber believes it is in the best interest of all New Jerseyans that Horizon maintains its financial health and its commitment of support to our state.
The New Jersey Chamber of Commerce supports the goals of lower taxes and controlled spending as enumerated every year, and this year, by Gov. Christie in his budget addresses.
We applaud the sense of urgency he has brought to the issues of school aid, transportation funding, pension payments and the opioid problem.
These are difficult challenges, though last year leaders from both parties demonstrated with the Transportation Trust Fund and tax reform that they can reach responsible and effective solutions when they put aside partisanship and put New Jersey first.
In his speech, the governor discussed potential solutions to each of these major issues. While some of his proposals are unique, we need to better understand them and make sure they are fair and balanced for all stakeholders.
The New Jersey Chamber of Commerce looks forward to learning more about Gov. Christie's ideas, and we are ready to work with the administration and the state Legislature on the fiscal year 2018 budget proposal to find solutions that will sustain a robust economy, and benefit everyone in the state.