New Jersey Business Leaders, GOP Lament $50.6 Billion Spending Plan
- Annual budget on way to approval minus ideas for so much cash
- ‘Giving back scraps’ to taxpayers, senator says of Murphy
Phil Murphy
Photographer: Angus Mordant/BloombergThis article is for subscribers only.
New Jersey business leaders and Republicans in the legislature’s minority criticized a record $50.6 billion budget expected to be signed this week by Governor Phil Murphy.
As the state Senate passed the spending plan for the fiscal year that starts July 1 and the Assembly prepared to vote, critics said Murphy, a second-term Democrat, had missed once-in-a-generation opportunities to provide broader taxpayer relief and assist businesses that are still coping with the pandemic.