state budget

After interest-only payments are made in 2021 and 2022, yearly payments are expected to be slightly more than $500 million for the 10 years that follow.

A small group of protesters blocked a street in Trenton as they continue advocating for state aid to help undocumented immigrants during the pandemic.

In the end, it took a worldwide pandemic – plus a plan for $500 checks to middle-class families in an election year – to get a millionaires tax back on the books in New Jersey.

The Department of Corrections intends to reduce spending on halfway houses by 40% and close its Central Reception Assignment Facility in Trenton.

Business groups are hammering Gov. Phil Murphy’s budget plan over its more than $1 billion in tax hikes, two-thirds affecting the wealthy and corporations.

The Legislature begins its review of Gov. Phil Murphy’s budget Tuesday, with the typical four-month marathon turned into a sprint concluding in three weeks.

The deadline to enact a balanced spending plan is in five weeks, suggesting a period of intense negotiations and hearings are on Trenton's horizon.

They’re calling on Gov. Murphy to cut spending and institute real reforms to produce a balanced state spending plan that’s been severely impacted by the COVID pandemic.

Gov. Phil Murphy proposes to borrow $4 billion and raise taxes by $1 billion to balance New Jersey’s revamped 2021 budget.

Gov. Phil Murphy delivers a revamped 2021 budget plan in a speech at Rutgers University's SHI Stadium Tuesday morning.