Archive for Tag: Elizabeth Muoio

GOP lawmakers grill treasurer, state finance officers on taxes, spending and surplus in Murphy’s budget

TRENTON, N.J. – During an Assembly Budget Committee hearing on Monday, Republican members grilled N.J. state Treasurer Elizabeth Muoio and the Office of Legislative Services on Gov. Phil Murphy’s proposed $49 billion spending plan. From one-shot revenues to fee holidays, Assembly Republican budget officer Hal Wirths, Assemblywomen Nancy Munoz...

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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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