Those shutdown plans seem so long ago.
Assembly Speaker Craig Coughlin spearheaded the massive new property tax relief program for senior citizens. | Matt Rourke/AP PhotoTRENTON, N.J. — Gov. Phil Murphy on Friday night signed a $54.3 billion budget for New Jersey — a few hours before the deadline — capping a chaotic week in the process.
“When I took office, in partnership with the speaker, [we] made sure that every decision that we made had to do with affordability,” Senate President Nick Scutari said during a press conference. “We don’t need polling data to know that taxes are generally the number one issue. This budget reflects those important moral values.”
The budget incudes doubling the child tax credit and the third consecutive full pension payment, worth around $7 billion. The budget spends $892 million in federal pandemic relief funds. Murphy can also spend another $100 million without legislative approval.
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