Michele Siekerka, president and chief executive officer of the New Jersey Business and Industry Association, will address the effects of Governor Mikie Sherrill’s fiscal year 2027 budget proposal on businesses during two media appearances scheduled for March 11.
Siekerka is set to appear as a guest on New Jersey 101.5 radio’s “Jersey Thing” with host Eric Scott at 6 p.m., followed by an appearance alongside New Jersey Policy Perspective Senior Analyst Peter Chen on “NJ Spotlight News with Briana Vannozzi,” which airs on NJPBS at 6:30 p.m., 7:30 p.m., and 11 p.m. The discussion comes after Governor Sherrill presented her $60.7 billion budget plan to a joint session of the Legislature. The proposal includes $2 billion in spending cuts and introduces changes to business taxes, such as a new fee for companies with more than 50 employees receiving Medicaid benefits.
The governor’s budget address marks the beginning of several months of legislative hearings before a final budget must be adopted ahead of the July 1 start of the new fiscal year. These discussions are expected to focus on how proposed tax changes and spending reductions could affect employers across various sectors.
The New Jersey Business and Industry Association serves as the nation’s largest statewide employer association, representing private-sector employers throughout New Jersey according to the official website. The association advances competitive excellence and financial success for its members while providing essential information, advocacy, practical resources, and cost-saving benefits according to the official website. It also facilitates partnerships among businesses, government entities, and academic institutions according to the official website.
As legislative review continues in coming months, business leaders are expected to monitor developments closely for potential impacts on their operations.
