Archive for Tag: annual budget

Debt soaring under Murphy, report shows

TRENTON, N.J. – The state’s annual Comprehensive Financial Report for fiscal year 2021 was released Wednesday, which shows New Jersey’s debt for pensions and health benefits is soaring despite rhetoric to the contrary from the Murphy administration.  “This goes to show that everything the Governor and his administration have...

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Unexpected revenue windfall must benefit New Jerseyans now, DePhillips says

TRENTON, N.J. – New Jersey is in even better financial shape than first thought, with billions more in surplus than anticipated in Gov. Phil Murphy’s proposed FY2023 budget. As such, Assemblyman Christopher DePhillips is calling for the governor and legislature to provide New Jerseyans tax relief in this year’s budget....

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