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New York Times - Top Stories

Facing budget gap, Gov. Murphy seeks reduced spending and a limit on new hiring


Published on 2024-11-26 11:08:49 - Brian Stokes, N@N
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  • Gov. Phil Murphy's administration has requested state departments identify cuts to reduce expenses by 5% as New Jersey faces a growing structural budget deficit.

The article from the Press of Atlantic City discusses New Jersey Governor Phil Murphy's recent State of the State address where he highlighted his administration's achievements and future plans. Key points include a significant increase in state spending, with the budget growing from $37.8 billion in 2018 to $54.3 billion in 2024, largely due to federal aid and increased tax revenues. Murphy emphasized investments in education, healthcare, and infrastructure, alongside initiatives to reduce property taxes and expand affordable housing. He also announced plans for hiring more state workers to improve public services, particularly in areas like mental health and education. Critics, however, argue that the spending is unsustainable and point to the state's high debt and potential future fiscal challenges. The article also touches on Murphy's focus on social issues, including gun control, reproductive rights, and environmental policies, reflecting his progressive agenda.

Read the Full The Press of Atlantic City Article at [ https://pressofatlanticcity.com/news/state-regional/government-politics/murphy-spending-hiring-nj/article_c7fb4d80-ab8b-11ef-883c-d37e20b8d4b9.html ]