NJ Spotlight News
NJ Spotlight News: March 16, 2023
3/16/2023 | 26m 46sVideo has Closed Captions
Watch as the NJ Spotlight News team breaks down today's top stories.
We bring you what's relevant and important in New Jersey news, along with our insight. Watch as the NJ Spotlight News team breaks down today's top stories.
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NJ Spotlight News is a local public television program presented by THIRTEEN PBS
NJ Spotlight News
NJ Spotlight News: March 16, 2023
3/16/2023 | 26m 46sVideo has Closed Captions
We bring you what's relevant and important in New Jersey news, along with our insight. Watch as the NJ Spotlight News team breaks down today's top stories.
Problems with Closed Captions? Closed Captioning Feedback
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Learn Moreabout PBS online sponsorship>>> FUNDING IS BONDED BY MGM INSURANCE GROUP, SERVING THE INSURANCE NEEDS FOR MORE THAN 100 YEARS.
>>> NEW JERSEY REALTORS OF THE VOICE FOR REAL ESTATE IN NEW JERSEY.
HER INFORMATION IS ONLINE AT NJREALTOR.CALM.
FROM NJ PBS THIS IS NJ SPOTLIGHT NEWS WITH BRIANA VANNOZZI.
>> I AM RAVEN SANTANA IN FOR BRIANA VANNOZZI.
A STRING OF DEAD WHALES WASHING UP ON NEW JERSEY AND NEW YORK BEACHES IN RECENT MONTHS.
IT HAS PART PUBLIC AND POLITICAL CONCERN AND BEEN SEIZED UPON BY OPPONENTS OF OFFSHORE WIND DEVELOPMENT, WHO SPECULATE THAT WORK RELATED TO THE INDUSTRY IS HARMING THE GIANT CREATURES.
SCIENTISTS HAVE REJECTED THAT ASSERTION AND.2 EVIDENCE INDICATING THAT SHIPS REMAINED THE LARGEST THREAT TO WHALES.
JUST YESTERDAY, STATE AUTHORITIES REITERATED THAT STANCE.
REPUBLICAN LAWMAKERS AND ANTI-WIND GROUPS HAVE PERSISTED IN CALLING FOR WIND WORK TO STOP UNTIL MORE RESEARCH ON THE DEATH IS DONE.
TODAY, GOP CONGRESSMAN JEFF ANDREW AND CHRIS SMITH HOSTED A FIELD HEARING ON THE TOPIC THAT DREW HUNDREDS TO LISTEN.
TED GOLDBERG IS AT THE HEARING TODAY.
>> Reporter: MORE THAN 400 PEOPLE CAME TO WILDWOOD TODAY TO BE A PART OF THIS HEARING.
THAT BROUGHT A TEAM OF WITNESSES AND TWO OF THE REPUBLICAN CONGRESSMAN CHRIS SMITH AND JEFF VAN DREW.
THEY OUTLINE THEIR ISSUES WITH NEW JERSEY'S ONGOING DEVELOPMENT OF OFFSHORE WIND AND ANY LINK WITH DEAD WHALES WASHING UP ON NEW JERSEY SHORES.
DREW HAS CALLED FOR CONGRESS TO INVESTIGATE ANY POSSIBLE CONNECTION BETWEEN OFFSHORE SURVEYS AND OF OUR MENTAL DAMAGE.
SMITH SAYS THERE WASN'T ENOUGH TIME TO PROPERLY THAT THE EQUIPMENT AND TECHNIQUES USED TO DO THOSE SURVEYS.
>> THIS IS VERY SHODDY WHAT THEY ARE DOING, PUTTING OUR ENTIRE OCEAN AT GRAVE RISK.
I LOVE THE OCEAN.
I KNOW YOU LOVE THE OCEAN.
THE PEOPLE OF NEW JERSEY LOVE IT.
THERE HAS TO BE A SERIOUS AND VERY COMPREHENSIVE LOOK AT ALL OF THESE ISSUES THAT WE ARE BRINGING OUT AND WILL BRING OUT IN THIS HEARING.
>> MARINE LIFE IS BEING PLACED AT GRAVE RISK WITHOUT SCIENTIFIC DUE DILIGENCE, MONITORING AND PROTECTION TO ENSURE THE OCEAN SURVIVES THIS MASSIVE INDUSTRIALIZATION.
INDEED, THE OCEAN AND COASTAL BE TRANSFORMED AND INDUSTRIALIZE.
THE PUBLIC WOULD STILL LIKELY BE IN THE DARK IF IT WERE NOT FOR THE OUTRAGEOUSLY GRIM AND TRAGIC NUMBER OF WHALE AND DOLPHIN DEATHS.
>> IF THE NOISE IS LOUD ENOUGH, IT CAN DIRECT THE DAMAGE THEIR HEARING OR ORGAN.
A MOTHER OR CAP COULD BE SWIMMING ALONG AND THEY COMMUNICATE BY SOUND, NOT BY SIGHT.
IF THEY ENCOUNTER NOISE LEVELS THAT OVERRIDE THEIR COMMUNICATIONS, THEN THE CALF GET SEPARATED AND NEED I SAY MORE.
>> BECAUSE OFFSHORE COMPANIES AND THE BIDEN ADMINISTRATION REFUSED TO SHARE THE FAX WITH THE AMERICAN PEOPLE, I ALSO SAY THE MURPHY ADMINISTRATION, CONGRESS MUST DO ITS JOB.
>> Reporter: PEOPLE AT THE HEARING EXPRESSED OTHER CONCERNS ABOUT OFFSHORE WIND AND ARGUED THAT THERE HAS NOT BEEN ENOUGH TRANSPARENCY.
>> DEVELOPERS WANT TO BUILD THOUSANDS OF EIFFEL TOWER SIZE TURBINES THAT WILL RISE FOR DECADES.
DESPITE THE GRAVITY OF THIS UNDERTAKING, THE BUREAU OF OCEAN ENERGY MANAGEMENT HAS ENGAGED IN A RUSHED AND SLOPPY PROJECT AND A SLOPPY APPROVAL PROCESS.
>> MERCHANT SHIPS AND SEARCH AND RESCUE OPERATIONS, AGAIN, GREAT KUDOS TO BRING ALL THIS OUT.
INCLUDING OPERATIONS BY THE COAST GUARD.
THEY DO IT ABOUT 1000th CHURCH AND RESCUES A YEAR.
THEIR RADARS WOULD BE COMPROMISED.
>> THERE WERE ALSO COMPLAINTS ABOUT THE COMPANY ORSTED NOT JOINING THIS MEETING.
THEY OWN THE RIGHTS TO THE FIRST OFFSHORE WIND FARM.
THEY TOLD US IN A STATEMENT THAT THEY HAVE TENDED 29 OTHER MEETINGS OVER THE LAST FOUR YEARS.
RAVEN.
>> THANKS, TED.
>>> CHANGES COMING TO LIBERTY STATE PARK.
THE STATE DEPARTMENT UNVEILED PLANS TO RESTORE AND ENHANCE THE PARK'S NATURAL RESOURCES AND EXPAND THE AMENITIES.
INCLUDING INDOOR AND OUTDOOR COMMUNITY SPACES FOR YEAR-ROUND ACTIVITIES.
THE STATE PARK ALONG THE HUDSON RIVER HAS LONG BEEN THE SUBJECT OF A BACK AND FORTH BETWEEN ENVIRONMENTALISTS WHO WANT TO KEEP THE PARK FREE OF LARGE SCALE CONSTRUCTION AND OTHERS WHO SEE IT AS A RIPE FOR DEVELOPMENT.
JOANNA GAGIS HAS MORE ON WHAT THE FUTURE HOLDS FOR THIS NATIONAL TREASURE.
>> ALL OF THAT PLAN WHILE UNDER OUR STEWARDSHIP IS BOLD.
IT BELONGS TO EVERYONE.
THAT IS THE STORY OF LIBERTY.
THAT IS WHAT OUR REVITALIZATION PROGRAM INTENDS TO DEMONSTRATE.
>> Reporter: THE PLAN TO REVITALIZE LIBERTY STATE PARK WERE RELEASED AT LEAST IN PART TODAY DURING A VIRTUAL CONFERENCE HELD BY DEPARTMENT OF ENVIRONMENTAL PROTECTION COMMISSIONER, SEAN LATOURETTE.
>> FIRST, THE CLEANUP AND THE RESTORATION OF THE LIMITS, INTERIOR SECTION, SECOND THE DESIGN OF ACTIVE OUTDOOR PUBLIC RECREATION AMENITIES.
AND ARTS AND CULTURAL SPACES.
THIRD, THE DEVELOPMENT OF A HOLISTIC MASTER PLAN FOR THE WATERFRONT AND SOUTHERN END.
>> Reporter: THE PLAN WAS MISSING TO THE EARS OF CONTRABASS IS LIKE SAM PEASANT, DIRECTOR OF THE GROUP FRIENDS OF LIBERTY STATE PARK.
>> I AM VERY EXCITED ABOUT THE 60% DESIGN MILES DON'T FOR THE INTERIOR 165 ACRES OF DIVERSE HABITATS AND MILES OF PATHS.
THESE WILL BE ONE OF THE MOST SPECTACULAR URBAN NATURAL AREAS IN THE WORLD.
>> Reporter: THEY ALSO APPLAUDED THE ADMINISTRATION PLANS.
>> OVER 60 ACRES OF ACTIVE RECREATION ARE PART OF THE PROPOSAL.
THINK THE AMPHITHEATER, A COMMUNITY CENTER YOU MOW RESTORING THE RAILROAD TERMINAL.
I THINK THAT IS A PRIORITY.
>> Reporter: THEY ALSO TOURED THE PLANS BUT RAISE SOME CONCERNS ABOUT FLOODING, SAYING IN A STATEMENT, WE ARE CONCERNED ABOUT PLANS TO BRING WATER INTO THE INTERIOR OF THE PARK IT WILL EXASPERATE THE EXISTING FLOOD RISK AND ENDANGER NEARBY COMMUNITIES AND RESIDENTS.
MANY WERE PLEASED TO SEE THE COMMISSIONER AFFIRMED THAT THE STATE'S PLANS WILL NOT INCLUDE THE PRIVATIZATION OR COMMERCIALIZATION OF THE PARK WITH THINGS LIKE LARGE CONCERT VENUES ARE MASSIVE OUTDOOR THEATERS.
>> THIS PLAN CAN NEVER BE USED FOR ANYTHING OTHER THAN CONSERVATION AND RECREATION PURPOSES.
PRIMARILY, OUTDOOR RECREATION.
IT MUST BE FULLY ACCESSIBLE TO THE PUBLIC.
FACILITIES THAT SERVE THE PURPOSE OF REVENUE GENERATION, THEY COULD NEVER TAKE HOLD OF THIS LAND.
>> Reporter: A PLAN WAS PROPOSED BY THE NEIGHBOR, PAUL FIREMAN, WHO OWNS THE LIBERTY NATIONAL GOLF COURSE ADJACENT TO CAVEN POINT BEACH IN LIBERTY STATE PARK.
FIREMEN WANTED TO ACQUIRE THE BEACH TO EXPAND HIS GOLF COURSE.
THE RESPONSE -- >> NOT ON MY WATCH.
>> Reporter: SKEPTICS WHO HAVE LIVED IN NEW JERSEY LONG ENOUGH TO KNOW THAT POLITICAL AGENDAS SHIFT LIKE THE SAND ON THE BEACH.
THEY WANT THE STATE LEGISLATURE TO PASS A BILL THAT PRESERVED CAVEN POINT LONG AFTER THE MURPHY ADMINISTRATION LEAVES TOWN.
>> THIS IS VERY URGENT AND IT IS ESSENTIAL THAT THE CAVEN POINT PROTECTION ACT BECOME LAW.
IT IS STALLED, AS YOU SAID, IN THE SENATE.
IT SHOULD BE VOTED ON ON THE SENATE FLOOR AND WE URGE PETER TO POST THE BILL.
>> Reporter: IT WILL PASS THE LEGISLATOR THE SESSION, THEY BELIEVE.
MORE DETAILED PLANS FOR THE PARK WILL BE RELEASED NEXT WEEK.
JOANNA GAGIS, NJ SPOTLIGHT NEWS.
>>> LEGISLATOR FROM THE SENATE HOSTED A MEETING ON HIGHER EDUCATION WHERE THEY HEARD A VARIETY OF TESTIMONIES FROM DIFFERENT COLLEGES AND UNIVERSITIES ACROSS THE STATE REGARDING THE FUTURE OF THE STATE'S FUNDING FORMULA FOR HIGHER EDUCATION.
IT COMES AFTER A RALLY EARLY THIS WEEKEND.
STUDENTS, PROFESSORS AND ELECTED OFFICIALS URGE GOVERNOR MURPHY TO ALLOCATE MORE STATE FUNDING TOWARDS THE STRUGGLING UNIVERSITY.
THEY ARE CURRENTLY UNDERGOING A RIGHT SIZING PLAN IN THEIR EFFORTS TO MITIGATE A $22 MILLION DEFICIT THAT HAS FORCED LAYOFFS AND LANDED THEM IN EXTREME FINANCIAL CRISIS.
MELISSA ROSE COOPER IS AT THE STATE HOUSE.
MELISSA.
>> Reporter: THIS HEARING WAS ALL ABOUT TRYING TO FIGURE OUT THE BEST WAYS TO PROVIDE THE BEST EDUCATION FOR COLLEGE STUDENTS.
THOSE WHO TESTIFIED TODAY SAY THE BIGGEST CHALLENGE REMAINS, FINANCIAL NEED.
>> IS ONE OF THE BIGGEST CHALLENGE.
ANOTHER BIG CHALLENGE IS DECLINING STATE SUPPORT.
EVERY STATE SPENDS LESS ON HIGHER EDUCATION THAN THEY DID 20 YEARS AGO.
THAT IS A NATIONAL TREND THAT NEW JERSEY IS NOT IMMUNE TO.
ALSO, THE INSTITUTIONS ARE FACING INCREASED PRESSURES, JUST LIKE EVERYONE ELSE.
IT IS BEATING ABOUT BY INFLATION.
THE COST OF DOING BUSINESS IS A LOT MORE EXPENSIVE FOR UNIVERSITIES THAN IT WAS FIVE YEARS AGO, BUT AGON 10 OR 20 YEARS AGO.
THE DOLLAR INVESTMENTS THAT ARE COMING FROM THE STATE, TUITION DOLLARS AND OTHER DOLLARS JUST DON'T GO AS FAR AS THEY USED TO.
>> Reporter: THE HEARING COMES DAYS AFTER STUDENTS AND FACULTY CALLED ON MORE STATE FUNDING.
>> WHEN YOU LOOK AT THE STATISTICS THAT OUR OPERATING BUDGET HAS GONE FROM $31.2 MILLION IN FISCAL YEAR 2000 TO A PROPOSED $27.9 MILLION IN FISCAL YEAR 2024.
IT WOULD REPRESENT I ABOUT A 10.5% DECREASE IN REAL DOLLARS, NOT ADJUSTED FOR INFLATION.
THE LACK OF GROWTH AND STATE SUPPORT FOR OVER TWO DECADES PUTS PRESSURE ON THE INSTITUTION.
TWO FINANCIAL PROBLEMS AT BLOOMFIELD ALMOST CALLED THE SCHOOL TO SHUT DOWN.
THEY AGREED TO MERGE ALLOWING BLOOMFIELD TO STAY OPEN.
THE SCHOOL HAD TO CUT DOZENS OF EMPLOYEES.
>> I PROMISE YOU THAT WE ARE NOT THE ONLY ONES.
I DO NOT BURY MY HEAD IN THE SAND.
IT DOES NOT TAKE A LOT TO KNOW THAT THERE ARE MANY OTHER INSTITUTIONS OUT THERE THAT ARE STRUGGLING.
I GET CALLS ALMOST EVERY DAY SAYING MARKITA, HOW DID YOU DO IT?
WHEN DID YOU DO IT?
ONLY HAD THIS MUCH LEFT OF MY PAYROLL.
SOMETIMES HAVE TO SAY, IT IS JUST TO LATE.
WE NEED THE HELP.
OUR MISSION IS TOO IMPORTANT TO FAIL.
WE NEED TO SUPPORT IN GETTING THAT DONE BY CONTINUING TO HELP INSTITUTIONS LIKE MONTCLAIR STATE THAT HAVE AGREED TO TAKE THIS ON WITH A BRAND-NEW PRESIDENT.
>> Reporter: THE DISCUSSION IS NOT OVER.
THE LEGISLATOR IS PLANNING TO HAVE ANOTHER MEETING IN THE NEAR FUTURE TO DISCUSS WHAT ELSE CAN BE DONE TO MAKE SURE STUDENTS ARE PUT FIRST.
IN TRENTON, MELISSA ROSE COOPER FOR NJ SPOTLIGHT NEWS.
>>> IN OUR SPOTLIGHT ON BUSINESS REPORT TONIGHT, BOB MENDEZ AND CORY BOOKER ARE URGE HER HOWARD SCHULTZ TO STOP DELAYING THE NEGOTIATIONS WITH EUTHANIZED STARBUCKS STORES.
THE STORES LOCATED IN HOPEWELL TOWNSHIP IN HAMILTON, SUMMIT, AND MONTCLAIR.
THEY BEEN WAITING BETWEEN SIX AND 10 MONTHS TO FORM A BARGAINING AGREEMENT AS REQUIRED BY THE NATIONAL LABOR RELATIONS ACT THE SENDER SENT A LETTER POINTING OUT EMPLOYEE DEMANDS OF COMMON SENSE REQUEST.
SUCH AS BETTER TRAINING, HEALTH AND SAFETY IMPROVEMENTS, BENEFITS FOR PART-TIME WORK AND RAISES FOR INCREASED WORKLOADS.
THIS COMES IN THE WAKE OF STARBUCKS FACING SIMILAR COMPLAINTS TO DELAY BARGAINING IN 21 LOCATIONS IN THE PACIFIC NORTHWEST.
>>> MOST NEW JERSEYANS ARE FED UP WITH PAYING HIGH PROPERTY TAXES.
YOUR EVER RISING TAXES ARM MANAGED LOCALLY AND LEAVE NO DIRECT ROLE FOR THE GOVERNOR OR LAWMAKERS WITH RATES THAT COULD RAISE CASH TO HELP FUND EVERYTHING FROM SNOW REMOVAL TO TEACHER SALARIES.
PROPERTY TAXES ARE LOOMING LARGE IN THE CURRENT STATE BUDGET DISCUSSIONS.
AS A FORMER LEGISLATIVE REVIEW PROCESS FOR 2024 PROPOSED BUDGET, A RECORD-SETTING $53.1 BILLION GETS UNDERWAY.
WHERE DOES PROPERTY TAX RELIEF IT IN?
TO BREAK IT DOWN, JOHN REITMEYER JOINS ME.
JOHN, HOW MUCH OF THIS BUDGET IS HELPING FOLKS WITH PROPERTY TAX RELIEF?
>> Reporter: THE NEW BUDGET, WHEN YOU THINK ABOUT IT, THAT $53.1 BILLION, ALMOST HALF.
NEARLY $26 BILLION CAN BE CATEGORIZED IN SOME WAY AS PROPERTY TAX RELIEF.
A HUGE NUMBER THERE.
SOME OF THAT IS THE $2 BILLION FOR DIRECT PROPERTY TAX RELIEF PROGRAM.
SOME OF THAT IS NEARLY $11 BILLION ARE GOING TO SCHOOL AID FOR K-12 PUBLIC SCHOOLS IN NEW JERSEY, WHICH IS CONSIDERED INDIRECT PROPERTY TAX WHEN YOU ADD IT ALL UP, WE GOT FUNDING FOR DIRECT PROGRAMS, RUNNING FOR INDIRECT PROGRAMS.
IT IS SUPPOSED TO EASE PRESSURE ON LOCAL PROPERTY TAXES BECAUSE LOCAL SCHOOLS ARE FUNDED THROUGH THEM AND SCHOOL BOARDS RELY HEAVILY ON THAT TO BALANCE THEIR OWN BUDGETS.
>> Reporter: HERE'S THE THING, YOU HEAR BILLIONS OF DOLLARS AND IT SOUNDS LIKE A LOT.
IS IT ENOUGH?
A $1500 CHECK MAY NOT BE ENOUGH TO OFFSET THE BURDEN.
>> Reporter: THAT IS A REALLY GOOD POINT.
THAT $1500 MAXIMUM BENEFIT UNDER ACRE, PROPERTY TAXES LAST YEAR WENT ON YEAR OVER YEAR TO ALMOST $9500.
A LITTLE MORE THAN $200, ON AVERAGE, OVERALL.
WHEN YOU THINK ABOUT THAT IN THE CONTEXT OF THE MEDIAN HOUSEHOLD INCOME IN NEW JERSEY, SUCH A BIG SHARE GOES TO PAYING JUST THE REAL ESTATE TAXES.
IF YOU ARE A RENTER, YOU ARE NOT ESCAPING EITHER.
THE RENT THAT YOUR LANDLORD IS CHARGING, THAT HELPS THEM PAY THE PROPERTY TAX ON THE BUILDING.
WE HAVE HEARD REPUBLICAN LAWMAKERS, THEY ARE IN THE MINORITY IN BOTH HOUSES OF THE LEGISLATURE.
SAYING THAT MORE COULD BE DONE.
NOT EVERY SCHOOL DISTRICT IS GETTING ADDITIONAL FUNDING UNDER THIS BUDGET.
RENTERS MAY HAVE FARE BETTER UNDER PRIOR PROGRAMS LIKE THE MIDDLE-CLASS TAX REBATE THAT TRENTON MANAGED A FEW YEARS AGO VERSUS ANCHOR.
THAT IS ALL OF THE DISCUSSIONS THAT ARE AROUND THIS NEW BUDGET.
>> IT IS EXPENSIVE.
WE ALSO KNOW THAT IT IS IMPORTANT TO NOTE THAT OUR PROPERTY TAXES PAY FOR A LOT.
THOSE INFLATION COSTS THAT ROSE FOR SIMILARS ALSO ROSE FOR TOWNS AND CITIES.
CAN YOU ELABORATE AND EXPLAIN WHY THAT IS ALSO IMPORTANT WHEN WE ARE TALKING ABOUT THESE HIGH PROPERTY TAXES?
>> Reporter: THAT IS RIGHT.
WE DEMAND A LOT OF SERVICES FROM OUR GOVERNMENT IN NEW JERSEY.
WE WANT THOSE ROADS CLEARED OF SNOW AND ICE.
WE WANT SMALL CLASSROOM SIZES.
THOSE SAME COSTS THAT WE FACE AS CONSUMERS LAST YEAR, MORE THAN 6% YEAR-OVER-YEAR, THE RATE OF INCREASE IN PROPERTY TAX LAST YEAR WAS JUST OVER 2%.
MAYBE IT IS SOME SOLACE THAT THEY WERE ABLE TO DELIVER ALL OF THE SERVICES UNDER THAT PRESSURE AT A FAIR RATE WHEN YOU PUT INTO CONTEXT OF INFLATION.
>> I HAVE TO ASK, ARE THERE POLITICS INVOLVED?
WHO IS OPPOSING BEST RELIEF?
>> Reporter: THERE IS ALWAYS POLITICS IN NEW JERSEY, ESPECIALLY AROUND THIS ISSUE.
THIS YEAR, ESPECIALLY, BECAUSE ALL 120 LEGISLATIVE SEATS WILL BE ON THE BALLOT IN NOVEMBER.
IN MANY WAYS, INCUMBENT LAWMAKERS WILL BE RUNNING FOR RE-ELECTION ON THE PROGRAMS THAT ARE BEING FUNDED THROUGH THIS BUDGET.
GOING OUT AND TELLING VOTERS HOW THEY ARE ADDRESSING THE CONCERNS ABOUT AFFORDABILITY AND ANYONE WHO IS CHALLENGING AN INCUMBENT LAWMAKER WILL CERTAINLY BE CRITICIZING AND PICKING AWAY AT SOME OF THE SHORTCOMINGS THAT ARE IN THIS BUDGET.
>> AS YOU JUST HEARD, NO ONE WAY TO SOLVE THIS.
THERE IS ANOTHER WAY THAT YOU CAN HELP.
IT IS BY GOING OUT TO VOTE.
IT IS GOING TO BE IMPORTANT.
JOHN REITMEYER, THANK YOU SO MUCH FOR JOINING US.
>> Reporter: YOU ARE WELCOME.
>>> SECRETARY YELLEN APPEARED BEFORE THE SENATE FINANCE COMMITTEE.
SHE IS THE FIRST BIDEN OFFICIAL TO MAKE LAWMAKER OVER A MOVE TO PROTECT MONEY AT TWO FAILED INSTITUTIONS, SIGNATURE BANK AND SILICON VALLEY BANK.
SOME HAVE DESCRIBED YELENA'S DECISION AS A BAILOUT.
ENSURING ALL DEPOSITORS INCLUDING THOSE HOLDING UNINSURED FUNDS EXCLUDING $250,000 BE PROTECTED BY FEDERAL DEPOSIT INSURANCE.
YELLEN SAYS NO TAXPAYER MONEY IS BEING USED OR PUT AT RISK WITH THIS ACTION.
>> THIS WEEK, THE GOVERNMENT TOOK DECISIVE AND FORCEFUL ACTION TO STABILIZE AND STRENGTHEN PUBLIC CONFIDENCE IN OUR FINANCIAL SYSTEM.
FIRST, WE WORKED WITH THE FEDERAL RESERVE AND FDIC TO PROTECT ALL DEPOSITORS OF THE TWO FAILED BANKS.
ON MONDAY MORNING, CUSTOMERS WERE ABLE TO ACCESS ALL OF THE MONEY IN THEIR DEPOSITED ACCOUNTS.
THAT WAY THEY CAN MAKE PAYROLL AND PAY THE BILLS.
>> WHILE THE FUTURE OF CREDIT SEEMED UNCERTAIN, THE BANK SHARES SORE TODAY AFTER THEY SAID THEY WILL BORROW UP TO $54 BILLION FROM SWITZERLAND CENTRAL-BANK.
THE MARKET BOUNCED BACK TODAY WITH ALL OF THE NEWS.
HERE IS A LOOK AT HOW THEY CLOSED TODAY.
>>> SUPPORT FOR THE BUSINESS REPORT PROVIDED BY NEW JERSEY AMERICAN WATER.
WE KEEP LIFE FLOWING.
ONLINE AT NEW JERSEY A.M.COM.
>>> IT IS MARCH MADNESS TIME.
THE NCAA MEN'S POSSIBLE TOURNAMENT IS WELL UNDERWAY.
IF YOU HAVE NOT FILLED OUT YOUR BRACKET YET, SORRY, IT IS TOO LATE.
TWO JERSEYS MEN TEAMS QUALIFIED PRINCETON AND FTU.
ONLY ONE TEAM IS NOW BEING COMPARED TO LAST YEAR'S MIRACLE RUN BY THE ST. PETER'S PEACOCKS.
THAT IS FAIRLY DICKINSON UNIVERSITY.
ESPECIALLY AFTER THEIR SETTING WIN LAST NIGHT TOPPING FAVORED TEXAS SOUTHERN I 23 POINTS.
IT IS A NIGHT BUT A FIRST FOR TOBIN ANDERSON WHO IS FIRED UP AND HE JOINS ME FROM THE ROAD.
COACH ANDERSON, CONGRATS!
>> THANK YOU SO MUCH.
>> I KNOW YOU ARE COMING DOWN FROM A BIG WIN LAST NIGHT.
AS AN UNDERDOG IN THE TERM IT, WHAT WAS THAT LIKE?
>> IT WAS INCREDIBLE.
A REMARKABLE NIGHT FOR US TO GET A BIG WIN ON THE NATIONAL AGE AND NATIONAL TV.
IT IS A GREAT THING BECAUSE ON WEDNESDAY NIGHT IT WAS ONLY GAMEPLAYING AT THAT TIME.
THE PLACE WAS SOLD OUT.
OUR GUYS PLAYED TERRIFIC.
IT WAS A GREAT NIGHT FOR US FOR OUR SCHOOL AND OUR PROGRAM.
WE DEFINITELY ENJOYED IT.
MARCH MADNESS MODEL IS SURVIVE AND DAD.
WE ARE PLANNING TO WIN TOMORROW NIGHT.
WERE GETTING READY FOR PURDUE.
>> WORK IS NOT DONE YET.
LET US TALK ABOUT THE TEAM.
FIRST YEAR AS HEAD COACH AT THE SCHOOL, YOUR COACHING ONE OF THE YOUNGEST TEAMS IN THE TERM.
A FUN PACK, YOU ARE ALSO THE SHORTEST TEAM BUT IT SEEMS LIKE YOU ARE USING THIS TO YOUR ADVANTAGE.
TALK ABOUT IT.
>> SOMETIME SIZE IS GREAT IF YOU SPEED AND QUICKNESS, THAT WORKS TOO.
WE ARE QUICK AND FAST AND TOUGH AND GRITTY.
WE TRY TO DO THOSE KIND OF THINGS.
WE CANNOT MAKE UP FOR THE FAX THAT WERE NOT VERY TALL, WHICH IS THE WAY LIFE IS RIGHT NOW.
OUR GUYS ARE NEW YORK, NEW JERSEY AND THEY LOVE THE COMPETITION.
THEY PLAY BIGGER AND THEIR HEARTS ARE BIGGER THAN THEIR ACTUAL HEIGHT.
THEY ARE A FUN GROUP TO COACH.
GREAT CHEMISTRY, VERY TOGETHER.
IT IS A REALLY SPECIAL RIDE FOR US.
A LOT OF FUN.
>> WE KNOW THAT YOU ARE FROM A SMALL TOWN IN THE MIDWEST.
YOU ARE IN JERSEY NOW.
AND YOU HAVE MADE A NAME FOR YOURSELF.
TELL ME WHAT IT HAS BEEN LIKE TO CLIMB THE RANKS FROM THE THREE TO D2 AND NOW, D1.
>> THAT WOULD BE A LONG BOOK.
>> [ LAUGHTER ] THE SHORTER VERSION.
>> IT HAS BEEN QUITE A RIDE.
WE ARE IN DIVISION III AND IN DIVISION TWO, URINE SMALL GEMS WITH VERY FEW PEOPLE.
I HAVE GREAT TEAMS AND GREAT COACHES.
I NOW IT IS AWESOME FOR A CHANCE TO BE ON THE BIG STAGE.
LAST NIGHT TO BE ON NATIONAL TV TO PLAY IN THE BIGGEST TOURNAMENT AND ONE OF THE BIGGEST SPORTING EVENTS AND ALL OF SPORTS.
THE NCAA TOURNAMENT IS THE TWO BIGGEST ONES.
FOR US TO PLAY THAT LAST NIGHT.
FOR ME PERSONALLY, TO HAVE A CHANCE TO COACH AND THAT WAS A GREAT ACCOMPLISHMENT.
WE WANT TO STAY HERE.
WE ARE A NICE HOTEL.
THE FOOD HAS GOTTEN BETTER.
WE WANT TO STAY HERE AS LONG AS WE CAN.
VICTORY IS GREAT.
IT HAS BEEN A GOOD RIDE.
I'VE GOT A GREAT FAMILY.
YOU HAVE TO HAVE A SUPPORTIVE FAMILY WHEN YOU ARE A COACH.
IT IS A GRIND.
IT IS A LONG SEASON AND JOURNEY.
I AM LUCKY TO HAVE GOOD PEOPLE AROUND ME.
>> COACH, THERE HAS BEEN A LOT OF COMPARISONS BETWEEN YOUR TEAM AND ST. PETER'S.
HOW DO YOU FEEL ABOUT THAT?
>> WE ARE VERY COMPARABLE AS FAR AS SMALL SCHOOLS FROM NEW JERSEY.
VERY SIMILAR KIDS.
OUR GUYS ARE LIKE.
THEY ARE UNDERSIZED TOO.
SUPPOSED TO LOSE, PICK TO LOSE, NOT SEATED VERY WELL.
I THINK IT WAS GREAT TO SEE WHAT THEY DID LAST YEAR TO SEE THEM MAKE THE JOURNEY THINK IT WAS A BIT OF INSPIRATION TO TEAMS LIKE OURS.
IT CAN BE DONE.
MOST OF THE WORLD WILL BE PREDICTING PURDUE TOMORROW NIGHT.
I UNDERSTAND THAT.
WE HAVE A CHANCE.
IF YOU ARE FROM NEW JERSEY, YOU KNOW THAT PEOPLE ARE TOUGH.
WE ARE NOT GOING TO BACK DOWN.
WE ARE NOT GOING TO BACK DOWN TO A CHALLENGE AND WE ARE EXCITED ABOUT IT.
>> JERSEY STRONG, YOU KNEW IT.
JERSEY IS WATCHING.
COACH ANDERSON, WE ARE ROOTING FOR YOU.
>> THANK YOU FOR ALL YOUR ENERGY AND A FIZZY HAS APPEARED WE WILL GET IT DONE.
>> GOOD LUCK THAT DOES IT FOR US TONIGHT.
TUNE INTO REPORTERS ROUNDTABLE WITH DAVID CRUISE TOMORROW MORNING DAVID TALKS WITH REPRESENTATIVE BONNIE WATSON COLEMAN ABOUT THE STATE OF WOMEN IN POLITICS, EQUAL PAY FOR WOMEN IN TOP PRIORITIES ON HER AGENDA.
PLUS, A PANEL OF LOCAL JOURNALISTS TALKING THE BIG HEADLINES OF THE WEEK AND THAT IS FRIDAY MORNING AT 10:00 A.M. ON NJ SPOTLIGHT NEWS CHANNEL OR WHEREVER YOU STREAM.
YOU CAN NOW LISTEN TO NJ SPOTLIGHT NEWS ANY TIME VIA PODCAST WHEREVER YOU STREAM.
MAKE SURE TO DOWNLOAD IT AND CHECK US OUT.
YOU CAN ALSO FOLLOW US ON OUR SOCIAL PLATFORMS ALONG WITH ANGIESPOTLIGHTNEWS.ORG.
I AM RAVEN SANTANA.
THANKS FOR BEING WITH US AND HAVE A GREAT NIGHT.
WE WILL SEE YOU BACK HERE TOMORROW.
>>> THE MEMBERS OF THE NEW JERSEY EDUCATION ASSOCIATION, MAKING PUBLIC SCHOOLS GRADE FOR EVERY CHILD RWJBRANABAS HEALTH, LET US BE HEALTHY TOGETHER.
AND, ORSTED, COMMITTED TO THE CREATION OF A NEW LONG-TERM SUSTAINABLE CLEAN ENERGY FUTURE FOR NEW JERSEY.
>>> ORSTED WILL PROVIDE RENEWABLE OFFSHORE WIND ENERGY.
JOBS, EDUCATIONAL, SUPPLY-CHAIN, AND ECONOMIC OPPORTUNITIES FOR THE GARDEN STATE.
ORSTED, COMMITTED TO THE CREATION OF A NEW LONG-TERM SUSTAINABLE CLEAN ENERGY FUTURE FOR NEW JERSEY.
ONLINE AT US.ORSTED.COM.
>>> I AM VERY GRATEFUL THAT I AM STILL HERE.
>> WE WENT TO CELEBRATE OUR FIRST ANNIVERSARY.
>> WITH A NEW KIDNEY I HAVE STRENGTH.
I AM STILL GOING EVERYWHERE AND EXPLORING NEW PLACES.
>> NO ONE THOUGHT I WOULD BE HERE FOR NOBODY.
>> I LOOK FORWARD TO GETTING OLDER WITH MY WIFE.
>> WE ARE TRANSFORMING LIVES INNOVATIVE KIDNEY TREATMENTS.
AND WORLD-RENOWNED CARE AT TWO OF THE PREMIER HOSPITALS.
>> THEY GAVE ME MY NORMAL LIFE BACK.
RWJBRANABAS HEALTH, LET US BE HEALTHY TOGETHER.
>>> WHEN THE GIRLS SEE THESE ROLE MODELS THAT HAVE MADE GREAT STRIDES, THEY START TO GET A SENSE OF CONFIDENCE IN WHAT THEY CAN DO.
>> THEY GET INSPIRED.
THEY GET COMPLETELY INSPIRED.
>> I WOULD LIKE TO BE LIKE HER.
I WOULD LOVE TO GO TO COLLEGE.
I TOO COULD GROW UP AND BE VICE PRESIDENT OR PRESIDENT DID >> I AM TEACHING THEM FUTURE POSSIBILITIES.
>> IT EMPOWERS THEM AND IT GIVES THEM HOPE THAT THEY CAN DO ANYTHING THAT THEY WANT TO DO.
After big win in NCAA tournament, FDU Knights take on Purdue
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Clip: 3/16/2023 | 4m 45s | Interview: Knights' first-year head coach Tobin Anderson (4m 45s)
Details of Liberty State Park revitalization plan unveiled
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Clip: 3/16/2023 | 4m 11s | The DEP plan involves restoration, cleanup and new recreational amenities (4m 11s)
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Clip: 3/16/2023 | 4m 45s | Where does property-tax relief fit in? (4m 45s)
More state funding needed for higher education, colleges say
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Clip: 3/16/2023 | 3m 23s | 'Every state spends less on higher education than it did twenty years ago' (3m 23s)
Clip: 3/16/2023 | 5m 16s | Officer body cam footage entering Najee Seabrooks' home (5m 16s)
Clip: 3/16/2023 | 1m 32s | Officer body cam footage of Najee Seabrooks confrontation (1m 32s)
NJ senators urge Starbucks CEO to negotiate with unions
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Clip: 3/16/2023 | 54s | Menendez, Booker tell Schultz that employees have 'commonsense demands' (54s)
Van Drew and Smith denounce offshore wind development
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Clip: 3/16/2023 | 3m 55s | Hundreds show up for hearing in Wildwood, air concerns about whale strandings (3m 55s)
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