More Taxes, More Borrowing: 2021 Budget Is Now Official
Tom Bergeron of ROI-NJ said the governor, state Democrats and progressives think the $32.7 billion budget represents the best way for the state to move forward during a COVID-19 pandemic.
The business community, however, has serious concerns.
“Now that Gov. Murphy has put ink to the page of a budget that will do great damage to New Jersey businesses and taxpayers, we hope that he and our policymakers will work on writing a new script that includes real, comprehensive reforms and expands the capacity for our businesses to operate,” NJBIA President and CEO Michele Siekerka said.
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