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Richard F. Keevey

Opinion: NJ’s Health Benefits Liability Increased to $90B — Why and What to Do?
Richard F. Keevey | July 9, 2019 | Opinion
The state’s total health benefit liability rivals its $99.6 billion unfunded pension liability. What’s behind this $54 billion increase? Is it a harbinger of future problems?
Opinion: Budget Needs Long-Term Solutions, Not Short-Term Politics
Richard F. Keevey | June 19, 2019 | Opinion
The governor’s proposal for a millionaires tax is at the center of current budget rhetoric when instead New Jersey’s long-range fiscal problems should be the focus
Op-Ed: Remembering the Unselfish Sacrifices of New Jerseyans and Many Others
Richard F. Keevey | May 24, 2019 | Opinion
More than 21,700 from the Garden State are among 635,500 Americans who died in world wars, Korea, Vietnam, Afghanistan and Iraq
Opinion: How To Dig Social Security Out Of Its Fiscal Hole
Richard F. Keevey | May 1, 2019 | Opinion
The ratio of contributing workers to recipients has dropped as life expectancy increases, from 16 to 1 in 1950 to 3 to 1 today
Opinion: A Surplus Account Is Not the Same as a Rainy-Day Account
Richard F. Keevey | April 23, 2019 | Opinion
Contributing to New Jersey’s rainy-day fund would help protect the state during a recession or in the event of a natural disaster
Opinion: Our Fiscal House is Fragile — on Two Counts
Richard F. Keevey | March 29, 2019 | Opinion
New Jersey doesn’t need just short-term financial fixes; it needs a long-term strategy of reform
Opinion: Trump Budget Would Hit NJ Hard, But That’s Not Going to Happen
Richard F. Keevey | March 20, 2019 | Opinion
The real power in the federal budgetary process lies with the appropriation committees. And it’s a good bet that Democrats and Republicans will find a way to compromise
Opinion: New Jersey Needs to Change How it Forecasts Revenue
Richard F. Keevey | March 4, 2019 | Opinion
If we switch to the model used by most other states, the emphasis then would be on the appropriateness of tax and spending policies and not on competing guesses about revenue
Opinion: Federal Aid to New Jersey is Negative — But Not Because of the Shutdown
Richard F. Keevey | January 11, 2019 | Opinion
The Garden State perennially pays significantly more to the federal government in taxes than it gets back and that’s not about to change anytime soon
Opinion: Pension Discount Rate and Investment Rate Are Not the Same Thing
Richard F. Keevey | October 3, 2018 | Opinion
Pension discussions rely on a very specialized vocabulary. Confusing discount rate and investment rate makes it all too easy to go wrong when projecting liabilities
Opinion: A Good Start Toward a Multiyear Budget Strategy for New Jersey
Richard F. Keevey | September 10, 2018 | Opinion
There are no quick fixes for the state’s ongoing budget crisis, but the best place to begin is with the chronically underfunded pension system
Opinion: The New Jersey Budget Strategy Must Be Better
Richard F. Keevey | June 12, 2018 | Opinion
Either we move the budget discussion to a multiyear approach or we will fail to address our tax and spending issues and be right back at it again next year with no permanent solutions
Opinion: Remembering Our Heroes
Richard F. Keevey | May 25, 2018 | Opinion
On Memorial Day, we both celebrate what made our country great and acknowledge our responsibilities for its future
Opinion: New Jersey’s Tangled History of Debt and How It Got that Way
Richard F. Keevey | May 21, 2018 | Opinion
Part two of an examination of capital planning and budgeting in the Garden State, the long and the short of it
Opinion: Capital Planning and Budgeting Do Not Exist in New Jersey
Richard F. Keevey | May 2, 2018 | Opinion
New Jersey does capital planning in a fragmented manner — there is no prioritization of projects and no overall plan to finance needed infrastructure investments.
Opinion: Federal Aid to New Jersey Is Secure
Richard F. Keevey | March 29, 2018 | Opinion
Despite draconian cuts originally proposed in the president's budget, Congress made more rational decisions and provided hefty increases in discretionary spending
Opinion: The First Murphy Budget — a Dicey Proposal
Richard F. Keevey | March 15, 2018 | Opinion
A former budget director casts a skeptical eye on the governor’s proposed $37.4 billion budget, and finds much to be concerned about
Opinion: Federal Aid Cuts to NJ Are Not Happening, Despite Trump Rhetoric
Richard F. Keevey | January 25, 2018 | Opinion
But nasty budget bargaining is still lurking
Op-Ed: Property Taxes Can’t Be Reduced, So Stop Making Promises, Unless …
Richard F. Keevey | January 10, 2018 | Opinion
Promises aren’t going to bring property taxes down; implementing one or more admittedly difficult reforms might do the trick, however
Opinion: New Jersey Budget Challenges Are Significant and Immediate
Richard F. Keevey | November 14, 2017 | Opinion
The new governor has many ambitious plans, but first he must make sure the 2018 fiscal years ends with a surplus — as required
Budget Basics: New Jersey’s Fiscal Future, a Path to Improvement
Richard F. Keevey | October 19, 2017 | Budget, Budget Basics
A series that details the fundamentals of New Jersey's budget, as well as its current budget woes
Budget Basics: How the State Budget Is Developed and Revenue Estimated
Richard F. Keevey | October 13, 2017 | Budget, Budget Basics
A series that details the fundamentals of New Jersey's budget, as well as its current budget woes
Budget Basics: Surplus and Deficits — How Are They Computed?
Richard F. Keevey | October 5, 2017 | Budget, Budget Basics
A series that details the fundamentals of New Jersey's budget, as well as its current budget woes
Budget Basics: Employee Retirement Benefits — the Problem Is Large
Richard F. Keevey | October 2, 2017 | Budget Basics
A series that details the fundamentals of New Jersey's budget, as well as its current budget woes
Budget Basics: Property Tax — Can It Realistically Be Reduced?
Richard F. Keevey | September 28, 2017 | Budget Basics
A series that details the fundamentals of New Jersey's budget, as well as its current budget woes
Budget Basics: State Debt — Is It Too Much? Do We Need More?
Richard F. Keevey | September 26, 2017 | Budget Basics
A series that details the fundamentals of New Jersey's budget, as well as its current budget woes
Budget Basics: How Large Is the New Jersey Budget, Really?
Richard F. Keevey | September 22, 2017 | Budget Basics
A series that details the fundamentals of New Jersey's budget, as well as its current budget woes
Budget Basics: Where the State Gets Its Money (part 2)
Richard F. Keevey | September 20, 2017 | Budget Basics
A series that details the fundamentals of New Jersey's budget, as well as its current budget woes
Budget Basics: Where the State Gets Its Money (part 1)
Richard F. Keevey | September 15, 2017 | Budget Basics
A series that details the fundamentals of New Jersey's budget, as well as its current budget woes
Budget Basics: How New Jersey Spends Your Money
Richard F. Keevey | September 13, 2017 | Budget Basics
A series that details the fundamentals of New Jersey's budget, as well as its current budget woes
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