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Page 32 - புதியது ஜெர்சி பொருளாதார வளர்ச்சி அதிகாரம் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Biz groups suggest debt repayment with Biden $6 4B for COVID recovery

Biz groups suggest debt repayment with Biden $6.4B for COVID recovery April 5, 2021 12:54 pm Several of the New Jersey’s largest chambers of commerce and business trade groups are floating a major paydown of some of the state’s $44 billion in debt using federal relief funds from the Biden administration, as part of the first step for recovery from the COVID-19 recession. New Jersey is slated to get roughly $6.4 billion in federal aid under the relief plan that President Joe Biden signed in March. Another $4 billion is going to municipal and county governments, another $2 billion toward New Jersey Transit, and hundreds of millions of dollars for the state’s airports.

Burlington County Government: Commissioners Applauded The Signing Of New Legislation To Aid Small Businesses

Subscribe   MEDFORD – The Burlington County Board of County Commissioners applauded the signing of new legislation to aid small businesses impacted by the COVID-19 pandemic. Subscribe The legislation was sponsored by New Jersey Sen. Dawn Addiego and dedicates $25 million in federal COVID-19 aid as grants for microbusinesses with five or fewer employees to assist with their operations and recovery. Gov. Phil Murphy signed the measure into law Thursday morning during a ceremony outside Fond Memories, a Medford boutique that has been in business for 32 years. Main Street businesses have always been the backbone of our economy and unfortunately have been the hardest hit during the pandemic, said Governor Murphy

More federal COVID-19 relief for NJ small businesses

Credit: (AP Photo/Marcio Jose Sanchez, File) File photo New Jersey small businesses are in line for COVID-19 relief funds after Gov. Phil Murphy signed legislation Thursday that allocates $25 million in grants for businesses with five or fewer employees. The new law is the latest effort to help the state’s so-called microbusinesses make it through the ongoing health crisis following a series of shutdown orders and other public health measures that have been in place to curb new infections since the pandemic began last year. During a bill-signing ceremony in Medford, Burlington County, Murphy called small businesses the “backbone of the economy of this state.”

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