Archive for Tag: annual budget

VIDEO: Kanitra wants answers to Trenton’s skyrocketing spending

TRENTON, N.J. – Assemblyman Paul Kanitra wants to know how the hell it happened. How does a state budget explode nearly 60% in five short years, from $34.6 billion in 2018 to $54.3 billion today? That’s the question Kanitra poses in his inaugural video, released by the Assembly Republican...

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“Unsolved Mysteries” parody seeks to reveal sponsors of state spending resolutions

TRENTON, N.J. – Shrouded in secrecy for almost seven weeks, Assembly Republicans attempt to finally reveal the undisclosed sponsors of costly budget resolutions by parodying the popular TV series “Unsolved Mysteries.” In the spoof, a Robert Stack-like voice asks, “What is the Pompidou and why should it cost taxpayers...

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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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