Examining large-scale options to solving New Jersey's longer-term structural budget problems

This grant will be used to include New Jersey in the Task Force (task force) on the State Budget Crisis. Co-chaired by former New York Lt. Governor. Richard Ravitch, and former Federal Reserve Board Chairman Paul Volcker, the task force will examine the areas of the budgets of six states that threaten their fiscal outlook, including Medicaid, taxation, health care financing, debt, and state-local fiscal issues. The other states in the task force's study are California, Illinois, New York, Texas and Virginia. This grant will help the task force: (1) document existing financial practices that encourage deficits; (2) highlight the growth and consequences of unfunded public-pension and retiree benefits; (3) examine Medicaid in the context of other health care spending; and (4) develop large-scale policy recommendations that could restore balance and improve the ways governments make decisions about budgets. The task force will report findings and recommendations through an extensive outreach effort to federal and state legislative and executives bodies in the six states and through media events to encourage public discussions. The grantee will not use Robert Wood Johnson Foundation funds for any lobbying purposes.

Grant Details

Amount Awarded $50,000.00

Awarded on: 2/24/2012

Time frame: 2/1/2012 - 3/31/2013

Grant Number: 69851

Grantee

Research Foundation of the City University of New York

230 West 41st Street, 7th Floor
New York, NY, 10036-7207

212-417-8300
Website

Donald James Boyd
Project Director

518-677-5011
Email

Marc V. Shaw
Project Director

212-794-5403
Email