New Jersey lawmaker seeks answers on spending for remaining …

Dec 7, 2020 · (The Center Square) – New Jersey has about $200 million remaining from the Coronavirus Aid, Relief and Economic Security Act, and the Senate’s Republican budget …

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New Jersey Lawmaker Seeks Answers On Spending For Remaining …

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Dec 7, 2020 · (The Center Square) – New Jersey has about $200 million remaining from the Coronavirus Aid, Relief and Economic Security Act, and the Senate’s Republican budget …

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New Jersey Lawmaker Seeks Answers On Spending For Remaining …

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Dec 8, 2020 · New Jersey has about $200 million remaining from the Coronavirus Aid, Relief and Economic Security Act, and the Senate’s Republican budget officer wants to know how Gov. …

washingtonexaminer.com

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Nearly Two Weeks After Budget Passage, Lawmakers' Spending …

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Jul 12, 2022 · Nearly two weeks after the Legislature approved a voluminous $50.6 billion budget, requests for additional spending submitted by individual lawmakers have not been publicly …

newjerseymonitor.com

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Critics Air Concerns Over Spending Cuts, Higher ... - New Jersey …

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Mar 19, 2024 · A slew of advocates representing a broad range of interests urged the Senate Budget Committee to forestall cuts or tax increases included in Gov. Phil Murphy’s $55.9 …

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Murphy, Lawmakers Discuss Federal Debt Limit, Spending Cuts | NJ ...

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May 16, 2023 · In New Jersey, roughly $1 billion in federal aid remains unallocated by Murphy and lawmakers, according to a recent accounting. For their part, Murphy and other Democrats in New Jersey have been taking aim at how a series of spending cuts House Republicans demand in exchange for lifting a statutory debt limit would hit federal programs relied ...

njspotlightnews.org

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Details Of $600M NJ Budget Add-ons Still Not Public - NJ Spotlight …

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Aug 5, 2024 · The full details of lawmakers’ last-minute budget requests remain hidden from the public more than a month after those additions helped produce New Jersey’s largest-ever …

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Tracking How New Jersey Is Spending American Rescue Plan Funds

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Apr 19, 2022 · How New Jersey Can Advance Equity with Remaining Federal Funds. New Jersey’s distribution of the remaining $3 billion in recovery funds must pivot to a strategy that …

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Budget Would Give Governor Murphy Control Over ... - New Jersey …

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Jun 29, 2022 · Gov. Phil Murphy and lawmakers are set to face a new process for approving the use of federal American Rescue Plan funds under the $50.6 billion budget bill lawmakers are …

newjerseymonitor.com

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NJ Lawmakers’ Last-minute Budget Add-ons Are Finally Public | NJ ...

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Sep 5, 2023 · The budget documents also show the added appropriations put New Jersey on course to spend much more than state government is projected to take in from taxes and other sources of revenue during the 2024 fiscal year, leaving a structural gap of about $1.5 billion. ... The same rules also require lawmakers seeking such new appropriations, or key ...

njspotlightnews.org

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Murphy Budget Spends $2B More Than N.J. Will Take In, And That ... - Nj.com

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Mar 26, 2024 · It was a grim message to lawmakers. In addition, health care costs for state workers could skyrocket. ... addressed members of the New Jersey Legislature since Gov. Phil Murphy unveiled a proposed ...

nj.com

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Senate Committee Approve Budget Mere Minutes After 281 …

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Jun 22, 2021 · State Sen. Paul Sarlo, the chairman of the Senate Budget and Appropriations Committee. (Photo: Kevin Sanders for New Jersey Globe) Senate committee approve budget mere minutes after 281-page bill becomes public. ... Lawmakers intend to deposit a little more than $1.3 billion into that fund, with another $500 million going into the unreserved ...

newjerseyglobe.com

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Budget Committees Advance $46.4B Spending Bill Minutes After

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Jun 22, 2021 · The budget bill includes a massive $6.9 billion payment into New Jersey’s notoriously-underfunded pension system — $505 million more than what Murphy originally …

politico.com

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New Jersey Lawmaker Seeks Answers On Spending For Remaining …

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New Jersey lawmaker seeks answers on spending for remaining CARES Act funds. Dec 8, 2020 4:00 PM. New Jersey has about $200 million remaining from the Coronavirus Aid, Relief and …

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Who Gets The Latest Block Of NJ Pandemic-relief Funds ... - NJ ...

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Dec 1, 2021 · The latest plan for spending some of New Jersey’s remaining federal pandemic aid allocates more funding for hospitals and eviction-prevention efforts while also underwriting several other initiatives, including land preservation and redevelopment programs. ... A memo detailing the overall $262 million spending plan was first sent to lawmakers ...

njspotlightnews.org

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NJ Is Flush With Cash. How Will Lawmakers Decide To Spend It?

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Jun 21, 2021 · If approved by lawmakers, the budget marks an 11% spending increase over Murphy's first budget three years ago and would sustain the state through an election year, …

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NJ Lawmakers In Flurry Of Late-night Votes On Spending Bill | NJ ...

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Jun 27, 2024 · The added spending increases the size of the proposed budget by more than 4% compared to the $54.3 billion spending plan that Murphy and lawmakers enacted last year for …

njspotlightnews.org

FAQs about New Jersey lawmaker seeks answers on spending for remaining … Coupon?

Should New Jersey balance its budget?

Unlike the federal government, New Jersey must balance its budget. The swelling structural deficit and waning surpluses could presage the need for severe cuts or tax increases in the next governor’s first year in office. Murphy, whose current term ends in January 2026, is barred from seeking a third consecutive term. ...

Why is New Jersey starting a new fiscal year with $6 billion?

For the first time ever, New Jersey will be starting the new fiscal year with over $6 billion in surplus. A number of factors made this possible, including better than expected revenue collections, borrowed funds from last year’s budget, and much-needed federal aid. ...

Will New Jersey spend more than it takes in?

The budget, the largest in state history, calls for New Jersey to spend $2.1 billion more than it takes in but maintains full funding of the state’s pension obligations and its school funding formula, which will reach full funding for the first time since it was enacted in 2008. ...

Did New Jersey lawmakers miss a historic opportunity to fix finances?

Lawmakers missed a historic opportunity to fix New Jersey's finances by prioritizing short-sighted tax cuts in the new state budget. Negotiated behind closed doors and voted on without public input, the latest state budget wasted a historic opportunity to fix New Jersey’s finances and boost investments in historically underfunded areas. ...

Who signed New Jersey's $56.6 billion spending bill?

(Dana DiFilippo | New Jersey Monitor) Gov. Phil Murphy signed the $56.6 billion annual spending bill Friday after the Legislature approved it in votes divided largely along party lines, two days ahead of a deadline that would have forced a state government shutdown. ...

Does New Jersey have a deficit?

The spending lawmakers approved Friday will denude New Jersey’s surplus to roughly $6.2 billion. The state’s reliance on one-shot revenue items to support the record spending and some built-in cost increases are expected to expand the structural deficit to more than $3.5 billion in the following budget year, imperiling its reserves. ...