As a Republican on the Senate Budget and Appropriations Committee in a state government run by Democrats, Declan O’Scanlon is expected to play the role of fiscal conservative. But in New Jersey, it’s not just the spending lawmakers approve every year, it’s also the spending that is baked into numerous statutes enacted over decades. So […]
The state Department of the Treasury reported that July revenue collections are on target as the new fiscal year gets underway, with collections for the major taxes totaling $2.33 billion, up $250.1 million, or 12%, compared to last July. The Gross Income Tax (GIT), which is dedicated to the Property Tax Relief Fund, continues to […]
It’s all over but the signing. Gov. Phil Murphy said Thursday there will be no state shutdown because he will sign some version of the state budget the Legislature sent him a week ago before the constitutional deadline, even though it doesn’t include the millionaires tax increase and other provisions he has been demanding. Murphy […]
NJBIA’s Frank Robinson interviews Senate Republican Leader Tom Kean, Jr. on the latest episode of Take on Trenton about the state budget, the legalization of marijuana, and the increasing minimum wage.
NJBIA’s Frank Robinson interviews Senate President Stephen Sweeney on the latest episode of Take on Trenton about the state budget, taxes, legalization of marijuana, and the Path to Progress plan to address New Jersey’s biggest financial problems.