With Deadline Near, Murphy Yet to Act on N.J. Lawmakers' Budget

Five days after lawmakers passed a $38.7 billion budget minus a millionaire’s tax, Governor Phil Murphy has yet to name its fate.

New Jersey government will shut down if a budget isn’t in place by the July 1 start of the fiscal year. Murphy, who pitched $38.6 billion in spending in March, has said it’s unlikely that he could certify the lawmakers’ revenue figures, which are higher than those projected by the administration and the nonpartisan legislative services office.