state New Jersey covid-19 pandemic Coronavirus state New Jersey

New Jersey lawmakers advance $46.4B budget, up 15% over last year

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TRENTON - New Jersey lawmakers advanced Tuesday a record $46.4 billion budget, a 15% increase over last year, boosting the state’s public pension payment, allocating hundreds of millions for tax givebacks and setting aside almost $4 billion to cover debt.The mammoth spending plan was passed by Assembly and Senate budget committees and goes next to the floor of each house if approved, with votes as early as Thursday.

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