With 2024 spending plan in place, Trenton turns attention to 2025

Even before Gov. Phil Murphy officially signed a budget for the fiscal year that began this month, New Jersey’s treasurer said her agency was gearing up to work on the state’s next annual spending plan, one that others have indicated could have some big challenges.

“Allowing the (surcharge) to expire benefits a handful of wealthy corporations at the expense of the vast majority of New Jerseyans,” said Liz Glynn, director of organizing for the New Jersey Citizen Action advocacy group.

“This could eventually lead to significant cuts in programs involving healthcare, education, the environment, transportation and many other initiatives that help ensure working families in our state can thrive and prosper,” Glynn said.

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