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  • Phil Murphy warns he'll make huge cuts if there's no budget deal with Democratic leaders

    06/26/2018 9:59:34 AM PDT · by pepsi_junkie · 5 replies
    NJ.com ^ | June 25, 2018 | Samantha Marcus
    Gov. Phil Murphy said Monday that absent a last-minute deal with his fellow Democrats who run the New Jersey Legislature, he will be forced to cut $855 million in spending from the state budget lawmakers passed last week. "That's unfortunately the option that we'd be left with," Murphy said at a news conference at his office in Trenton. The Legislature passed a budget on Thursday that, in defiance of Murphy, does not include his plans to raise taxes on personal income over $1 million or boost the state sales taxes from 6.625 percent back to 7 percent. Murphy would not...