Archive for Tag: budget

Murphy’s charade budget scorned by Assembly GOP during budget hearing

TRENTON, N.J. – The four Republican members of the Assembly Budget Committee took the Murphy administration to task for misrepresenting its actions and projections during a hearing Thursday with the Treasury Department. Assemblyman Hal Wirths, the Republican budget officer, illustrated how the administration is using borrowed funds to create...

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Bramnick: Let the people speak at budget hearings

TRENTON, N.J. – As the state Legislature begins its review of Gov. Phil Murphy’s budget Tuesday, Assembly Republican Leader Jon Bramnick is urging that public comment be allowed during hearings. “I believe that we should allow the public to speak about the proposed budget,” said Bramnick (R-Union).  “Instead the...

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Wirths says budget-borrowing deal still does more long-term harm than good

TRENTON, N.J. – Assemblyman Hal Wirths says that an apparent borrowing agreement between Gov. Phil Murphy and Senate President Steve Sweeney won’t solve the state’s long-term budget problems but make it worse, and that borrowing to replace revenue is still unconstitutional. “When we borrow to replace revenue now, it...

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Heated debate preceded Assembly vote on Murphy’s 3-month spending plan

TRENTON, N.J. – Democrats pushed a $7.7 billion three-month supplemental spending plan through the state legislature Monday over strong Republican opposition. “It really blows my mind that the other day those on the other side of the aisle were patting themselves on the back because they said we have...

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Bramnick targets Murphy’s $7.75B spending bill during Assembly session

TRENTON, N.J. – Before voting against a $7.75 billion three-month budget supported by Gov. Phil Murphy, Assembly Republican Leader Jon Bramnick said that more should have been done to protect taxpayers and provide transparency to the public. “It is clear to me that in the private sector when we...

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Thomson: Legislature should reject Murphy plan deferring pension payments

WALL, N.J. – Assemblyman Edward Thomson is calling for legislative leaders to reject Gov. Murphy’s proposal to defer this fiscal year’s payment into the state’s massively underfunded pension plan. Thomson, an actuary who manages pension plans, said failing to follow the payment schedule recommended by the state’s actuaries would...

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GOP caucus sends letter requesting Treasurer itemize costs of New Jersey’s response to Covid-19

TRENTON, N.J. – The Assembly Republican caucus sent a letter (click here for PDF) to state Treasurer Elizabeth Maher Muoio Wednesday requesting a detailed itemization of the new costs incurred fighting the coronavirus pandemic and how much is expected to be reimbursed by Federal Emergency Management Agency. The Murphy...

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Bramnick: Murphy’s plan raising property taxes to pay for borrowing is a bad plan.

TRENTON, N.J. – Assembly Republican Leader Jon Bramnick spoke out against Gov. Phil Murphy’s plan to borrow at least $5 billion to offset revenue losses, which is up for a vote Thursday in the state Assembly. “Tomorrow the state Assembly is being asked to permit the Murphy administration to...

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Republicans disappointed in lack of information provided by Treasury during Assembly budget hearing

TRENTON, N.J. – During today’s Assembly budget committee hearing with state Treasurer Elizabeth Maher Muoio, Republicans asked multiple questions that did not receive direct answers. They say it is an indication that administration’s lack of transparency comes from a lack of information. “The administration was not confident in their...

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