Phil Murphy Coronavirus state New Jersey pandemic Phil Murphy Coronavirus state New Jersey

Murphy proposes $44.8B budget, boosting pension, school aid

TRENTON, N.J. - New Jersey Democratic Gov. Phil Murphy unveiled a $44.8 billion budget proposal, seeking to boost spending by nearly 9% on a host of programs, including the public pension, school aid and a $500 tax rebate to nearly 800,000 families.Murphy’s proposal includes no new taxes or fees and relatively few spending cuts, mostly in the form of savings from what his administration says are underused programs."This is the time for us to lean into the policies that can fix our decades-old – or in some cases centuries-old – inequities," Murphy said.

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