New Jersey Approves Record $58B Budget with Surprises and Tax Relief

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Source: Politico
New Jersey Approves Record $58B Budget with Surprises and Tax Relief
Photo: Politico
TL;DR

Governor Phil Murphy signed a $58.8 billion budget for New Jersey, facing internal criticism from his own administration and allies over spending priorities, including healthcare, nursing homes, and opioid settlement funds. Despite praise for funding public services and pension contributions, Murphy's final budget also introduces political risks with last-minute additions and internal disagreements, highlighting the challenges of governance in a politically divided environment.

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