Murphy seek $55.9B New Jersey budget, increasing education aid, boosting biz taxes to fund transit
TRENTON, N.J. (AP) — New Jersey Gov. Phil Murphy on Tuesday unveiled a $55.9 billion budget, up about 5% over his previous year’s proposal, calling for nearly $1 billion more in K-12 school funding as well as about $1 billion in new taxes on high-earning businesses to fund transit.