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May 26, 2022
Two new studies both found that of all 50 US states, New Jersey came in last or nearly last when it comes to federal assistance received during the COVID-19 pandemic.
A report by New York state Comptroller Thomas DiNapoli showed New Jersey dead last in 2020 when it came to federal funding. All 50 states received more money than they paid in taxes in 2020 due to COVID relief funding, but The Garden State trailed behind all the rest, coming in at $1.36 for every $1 paid in federal taxes.
Another study by State University of New York’s Rockefeller Institute of Government ranked New Jersey 49th of all the states, at $1.37 for every $1 in federal taxes in 2020. The only state that received less was Connecticut.
Prior to 2020 and the onset of COVID-19, New Jersey consistently sent more tax money to Washington, D.C. than it received back, receiving only 82 cents to the dollar in 2019 and 79 cents in 2018.
“The influx of federal relief funds was critical to helping states manage through the pandemic, but the money is temporary,” DiNapoli said. “The underlying trends we saw pre-pandemic are likely to return.”
“The reality is that every state received more help form the federal government than in any other year in recent history – including New Jersey – because we acted to support the communities that were squeezed tight by the pandemic,” said U.S. Sen. Robert Menendez, who sits on the Senate Finance Committee.
ARTICLE: LAURA SPIVAK
MANAGING EDITOR: CARSON CHOATE
PHOTO CREDITS: NJSACC.ORG