Governor Phil Murphy will deliver his second budget address this afternoon at 2PM. Watch it here courtesy of NJTV and YouTube.
The governor is expected to propose income tax increases on residents with over $1 million income. Senate President Steve Sweeney said he would not support tax increases without spending reforms.
Following the governor’s address, the Legislature’s Republican Leaders, Senator Tom Kean, Jr and Assemblyman Jon Bramnick, will respond. Check out their response via facebook live at https://www.facebook.com/senatenj
The State must adopt a balanced budget by June 30, a Sunday this year, or the government shuts down.