ADVERTISEMENT

N.J. Governor Signs $38.7 Billion Budget, Averting Shutdown

N.J. Governor Signs $38.7 Billion Budget, Averting Shutdown

(Bloomberg) -- New Jersey Governor Phil Murphy signed a $38.7 billion state budget that lacked his millionaire’s tax and scrubbed some initiatives from fellow Democrats who wanted higher spending than he had proposed.

To contact the reporter on this story: Stacie Sherman in Princeton at sbabula@bloomberg.net

To contact the editor responsible for this story: Rakshita Saluja at rsaluja4@bloomberg.net

©2019 Bloomberg L.P.