Murphy unveils $53B N.J. budget with property tax relief, tax credits, big spending on pensions, schools

Posted on AllSides February 28th, 2023
From The Center

New Jersey Gov. Phil Murphy on Tuesday unveiled a proposed $53.1 billion state budget that lifts spending to a new high as tax revenue growth begins to show signs of slowing, saying it will make the state more affordable for millions of residents. “This budget is purpose-built to help our residents find their place in the next New Jersey by securing their place in the New Jersey of right now,” Murphy said in a speech delivered to a joint session of the state Legislature in Trenton. “It is focused on...

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https://nj.com/politics/2023/02/murphy-unveils-53b-nj-budget-with-property-tax-relief-tax-credits-big-spending-on-pensions-schools.html

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