Policing NJ s pension fund investments | NJ Spotlight News njspotlight.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from njspotlight.com Daily Mail and Mail on Sunday newspapers.
The Bootleg Fire burns at night near Highway 34 in southern Oregon, a raging inferno that s spreading miles a day in windy conditions.
While it’s not the divestment from fossil fuels that environmentalists have been seeking, New Jersey’s public-worker pension fund is looking to make a major investment in companies working to blunt climate change.
Members of the New Jersey State Investment Council on Wednesday reviewed a plan to invest up to $200 million in a California-based private-equity fund called TPG Rise Climate.
The fund is raising money to invest in “businesses that have a clear and measurable positive environmental impact,” according to documents distributed prior to the meeting.
Writing op-eds won’t solve N.J. doctor shortage | Letter
Updated Dec 21, 2020;
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In their recent op-ed, ”Here’s how we fix New Jersey’s doctor shortage ….,” U.S. Reps. Josh Gottheimer, D-5th Dist., and Bill Pascrell Jr.,D-9th Dist., correctly identify the cap on the number of graduate medical education slots in New Jersey (and the rest of the country) as the main cause of the physician shortage.
What the lawmakers fail to address is the reason for that cap. The Consolidated Omnibus Budget Reconciliation Act (COBRA) of 1985 set this cap because the primary source of funding for these residency slots is the Medicare system. In order to increase the cap, Medicare funding would need to increase. Since that system is already on the brink of bankruptcy, that can’t happen without a substantial increase in Medicare revenue supported by taxes.