TRENTON, N.J. – Assembly Republican Leader Jon Bramnick questioned New Jersey’s ability to afford Gov. Phil Murphy’s baby bond proposal after the governor pitched the plan Thursday in Paterson.
“I’m not sure that Governor Murphy ever looks at both sides of the balance sheet,” said Bramnick (R-Union). “He has to borrow $80 million to fund this ‘free money’ giveaway plan. Adding extra costs for programs like baby bonds at a time of fiscal crisis is irresponsible. The governor just went a little too far on this one.”