With just days to go before a potential government shut down that threatens to close New Jersey's beaches and parks over the 4th of July, Governor Phil Murphy continues to claim that the budget passed by the Legislature doesn't include enough revenue and that he needs to raise income and sales taxes on the people of New Jersey. But late last week the non-partisan Office of Legislative Services (OLS) confirmed the revenue estimates the Legislature used when fashioning the balanced budget it passed with strong majorities.
It's clear that New Jersey doesn't have a revenue problem, it has a spending problem.
"[Murphy] has talked so much about his liberal ambitions, and his support for public worker unions, that few legislators believe he's up to the task of containing spending, the second vital front in the fight for solvency. Unchecked spending could force more tax hikes next year, a possibility that Murphy says he cannot rule out."(emphasis added)
"It should come as no surprise, given the promises Murphy made during his run for governor, that his focus after being elected was on finding new revenue sources to fund his ambitious, progressive agenda rather than looking for ways to cut spending."
The OLS confirmation of the revenue numbers the Legislature used means it passed a fully funded budget that funds the priorities they share with the Governor without raising income or sales taxes on the people of New Jersey.
It's up to Phil Murphy whether he wants to shut government to continue the state's spending problem.
signed: The New Jersey Future Fund