Archive for Tag: budget hearing

Murphy’s pension underfunding illuminated during budget hearing

TRENTON, N.J. – The state’s pension problem, and that Gov. Phil Murphy is not doing better than the path former Gov. Chris Christie paved, was questioned during an Assembly budget hearing with state Treasurer Elizabeth Muoio Wednesday. Assemblyman Ned Thomson, an actuary who has administered more than 500 pension...

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The devil is in the details: DiMaio says Murphy’s budget is a “voodoo science”

TRENTON, N.J. – Following the first public hearing on Gov. Phil Murphy’s proposed 2020 budget Wednesday, Assemblyman John DiMaio, the Republican budget officer, spoke about the state’s strain for cash and how high taxes are making life more difficult, not better, for New Jerseyans. “One of the things that’s...

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