Archive for Tag: budget

DePhillips has answer for Murphy’s charade on property tax relief

TRENTON, N.J. – Assemblyman Christopher DePhillips says the bursting budget surplus should be used to fully fund schools. While Murphy has been non-committal about how the $10.1 billion surplus in fiscal year 2021 will be used, the state has a constitutional obligation that must be fulfilled. “The surplus needs...

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Budget surplus should be returned to taxpayers, Wirths chides Murphy administration for dodging questions

TRENTON, N.J. – The Murphy administration is projecting a $7.9 billion surplus this year outside of rainy day fund deposits. That would be whittled down to $4.7 billion after it is used to cover the $3 billion deficit from spending more than revenue next year. The deficit may be...

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Murphy, Muoio put on the clock in letter by Assembly budget members

TRENTON, N.J. – It is unclear why legislative hearings with Treasurer Elizabeth Muoio were cancelled in the Assembly. Republican members of the budget committee sent a letter to Gov. Phil Murphy and Muoio, giving them 24 hours to answer a dozen questions that would have been asked had the...

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$6.3 billion surprise is exactly why the legislature needs to stop being Murphy’s lapdog, says Wirths

TRENTON, N.J. – Treasurer Elizabeth Muoio revealed today that the state received $6.3 billion in American Recovery Act funds yesterday to relieve New Jersey’s finances. The administration did not give any indication to the legislature over the past few months of budget hearings when they expected to receive the...

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District 12 lawmakers slam Murphy administration for slashing school funding

TRENTON, N.J. – Sen. Samuel Thompson and Assemblymen Ron Dancer and Rob Clifton slammed Gov. Phil Murphy’s administration for proposing cuts to schools across the state, including those represented by the lawmakers in Burlington, Middlesex, Monmouth and Ocean counties.  The lawmakers received an email from Department of Education Acting...

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Murphy’s bloated budget still underfunds schools, says Dunn

TRENTON, N.J. – Assemblywoman Aura Dunn criticized Gov. Phil Murphy’s budget for shortchanging schools despite increasing spending by $4.5 billion this year and funding six new pet projects to the cost of more than $95 million. “The governor’s budget funds more free college and preschool when our kids aren’t...

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Wirths glad Murphy administration heeded Republican calls on double-taxation

TRENTON, N.J. – The state Attorney General’s office announced today that they filed a brief with the U.S. Supreme Court challenging New York’s tax guidance for employers to tax employees working at home in New Jersey as if they were “days worked in New York.” New Jersey provides a...

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