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Budget

$1M in State Funding for Local News Consortium Is Up in the Air

John Reitmeyer | July 15, 2019 | Budget

Gov. Murphy has put that money and dozens of other spending items on hold over budget concerns

NJ Transit Emerges Unscathed From Trenton’s Battle Of The Budget

John Reitmeyer | July 12, 2019 | Budget
Net financial support for the beleaguered transit agency is up $75 million in the recently approved spending plan
Smarter Electronic System Will Track Sale of Corporate Tax Credits in Real Time
John Reitmeyer | July 11, 2019 | Budget
Better monitoring will make it easier for Department of Treasury to keep tabs on tax incentives when they’re redeemed, making financial projections and budgeting more accurate
Public gets to weigh in on state's embattled tax-break programs
John Reitmeyer | July 10, 2019 | Budget
Task force also hears more about controversial Camden award made to nuclear-parts manufacturer Holtec International
Murphy’s Budget Freeze Hits Aid for Needy Towns
Brenda Flanagan | NJTV News | July 8, 2019 | Budget
Decision creates difficulties for municipalities like Paterson, Atlantic City and Camden
In Trenton, There’s Agreement On One Form Of Tax Break, At Least
John Reitmeyer | July 3, 2019 | Budget
Governor signs law doubling the ‘angel investor’ credit, available to those who fund biotech firms and other startup companies
Fiscal 2021 Budget Could Be a Bear If Murphy, Sweeney Stick to Their Guns
John Reitmeyer | July 2, 2019 | Budget
Governor and top Dem seem more interested in rehearsing old battles than planning for a budget that will include a $4.5 billion contribution to public-worker pension system — and that’s just one challenge
Murphy Signs $38.7B Budget But Uses Line-Item Veto to Clip Lawmakers’ Wish List
John Reitmeyer | July 1, 2019 | Budget
Governor redlines nearly $50 million in legislative spending and impounds another $235 million
NJ’s Minimum Wages Rises to $10 Today in First Step Toward $15
Colleen O'Dea | July 1, 2019 | Budget
The law increasing New Jersey’s minimum wage from the current $8.85 bears first fruit today
Murphy Reveals Line-Item Vetos for Budget, Sweeney Has Last Word — for Now
NJ Spotlight and NJTV News | June 30, 2019 | Budget
Given the rancor of the budget run-up, it's no surprise the governor and Senate president continue to disagree — even after it's a done deal
Murphy Details Line-Item Vetos, Sweeney Argues Some Cuts Are Misguided
NJ Spotlight and NJTV News | June 30, 2019 | Budget
There's no love lost between governor and Senate president, even though they've been more amicable of late. Budget compromises give both more reasons to disagree
Murphy: There Will Be No Shutdown of State Government
John Reitmeyer | June 28, 2019 | Budget
Announcement signals governor has given up on push to make a true millionaires tax part of Trenton’s next budget
Budget Breakdown: Where the Governor and Legislature Disagree
NJTV News | June 28, 2019 | Budget
Although their spending proposals differ little in size, the sides are far apart on key issues. NJ Spotlight’s John Reitmeyer explains
Add-Ons to 2020 Budget Bill Add Up to $100 Million in Spending
John Reitmeyer and Colleen O'Dea | June 27, 2019 | Budget
‘Legislative priorities’ provide perfect opportunity for Gov. Phil Murphy, Senate President Steve Sweeney and other Dems to continue their war of words
Gov Slams Legislature’s Cut to Free Community-College Program
Michael Aron | NJTV News | June 27, 2019 | Budget, Education
Murphy contrasts lawmakers’ rejection of millionaires tax with their failure to agree to increased funding for the colleges
Murphy Urges Lawmakers To Restore Tax On Opioid Manufacturers
Michael Aron | njtv news | June 26, 2019 | Budget
With just days to go before budget deadline, governor reiterates case for his spending plan
Murphy’s Plan for NJ Public-Private Fund Goes Nowhere Amid EDA Standoff
John Reitmeyer | June 25, 2019 | Budget
Governor’s proposed innovation fund is stalled in Legislature as lawmakers want simply to extend existing tax-incentive programs; threat of governor’s veto remains
No Matter How NJ Budget Negotiations Go, Notable Tax Breaks in Cards
John Reitmeyer | June 24, 2019 | Budget
Programs for senior citizens, the disabled and veterans set to benefit as interests of governor and lawmakers line up on certain issues
Murphy: Legislature’s Budget Is Full of ‘pork and Christmas trees’
Brenda Flanagan | NJTV News | June 24, 2019 | Budget
Governor says staffers are targeting items for his veto pen, but won’t say what his final response to lawmakers’ budget will be
With Votes To Spare, Dems Pass $38.7B Budget, No Boost In Millionaires Tax
John Reitmeyer | June 21, 2019 | Budget
Governor has indicated he might take line-item veto pen to a spending plan not to his liking
Murphy Promises 'Corrective Action' If Not Satisfied with Budget Bill
John Reitmeyer | June 20, 2019 | Budget
Governor prepared to go tit for tat with lawmakers, signals line-item veto may be used to delete some specific spending requests
Murphy Doubles Down On Criticism Of ‘Rigged’ Tax Incentives
John Reitmeyer | June 19, 2019 | Budget
Governor promises to veto legislation providing seven-month extention of scrutinized EDA programs, without ‘meaningful reform’
Governor Won’t Quit on Millionaires Tax, Says All Options Remain on Table
Brenda Flanagan | NJTV News | June 19, 2019 | Budget
Surrounded by union leaders, Murphy lambastes legislative Democrats for resistance to his tax on the wealthy
Lawmakers Go Own Way on Budget, No Millionaires Tax or Other Murphy Priorities
John Reitmeyer | June 18, 2019 | Budget
Democratic lawmakers advanced their own appropriations bill, setting stage for a difficult budget negotiation with Gov. Phil Murphy, a fellow Democrat
Judge Denies Norcross Bid to Delay Investigation of Tax Breaks by Task Force
David Cruz | NJTV News | June 18, 2019 | Budget
After hours of arguments from both side in Mercer County Criminal Court, South Jersey powerbroker fails to obstruct examination of controversial tax incentives
Lawmakers Vote to Extend Tax Incentive Programs; Murphy Signals He’ll Veto
John Reitmeyer | June 14, 2019 | Budget
Assembly approves legislation to keep controversial tax breaks in place through January, despite governor’s call for significant reform
Public Unions Make Their Voices Heard — in Favor of Millionaires Tax
David Cruz | NJTV News | June 14, 2019 | Budget
A millionaire governor and union rank-and-file say no time like present for millionaires tax, regardless of what Senate President Sweeney says
New IRS Rules Undercut NJ’s Effort to Get Around SALT Cap
John Reitmeyer | June 13, 2019 | Budget
New regulations will prolong uncertainty for New Jersey homeowners and local governments; state Attorney General threatens lawsuit
Camden’s Show of Support for EDA Tax Breaks Amid Task Force Controversy
David Cruz | NJTV News | June 12, 2019 | Budget
South Jersey delegation lavishes praise on Economic Development Authority even as strife continues over the tax breaks it oversaw for Camden
Is it ‘Goodbye’ to Gov’s Property-Tax Credit and Millionaires Tax?
John Reitmeyer | June 11, 2019 | Budget
No lawmaker has stepped up to sponsor legislation for governor’s $250M property-tax relief proposal; they appear equally resistant to his bid for a millionaires tax
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