Senate Republican Leader Tom Kean said Governor Phil Murphy’s budget proposal for FY 2021 does nothing to encourage New Jersey families to stay in the Garden State.
Sen. Tom Kean said Gov. Phil Murphy’s budget proposal for FY 2021 does nothing to encourage New Jersey families to stay in the Garden State. (Pixabay)
“Anyone who’s looking for a plan to make New Jersey more affordable will be disappointed by a budget proposal from Governor Murphy that raises taxes and makes no effort to constrain costs,” said Kean (R-21). “In a year when state revenues are booming, the governor’s spending plan represents a missed opportunity to demonstrate fiscal discipline and provide real tax relief to New Jerseyans.”
The governor’s budget proposal would increase year-over-year spending by 5.5% through nearly $1 billion in higher income, business, and cigarette taxes.
Kean said New Jersey is desperate for a budget that addresses the disturbing trend of college students, graduates, families, and seniors leaving the Garden State.
“If the governor continues driving taxes higher and shunning reforms proposed by the Legislature to cut the cost of government, we’re going to see a continued exodus from New Jersey,” added Kean. “Make no mistake, this budget is a continuation of disastrous fiscal policies that are breaking up too many of our families. This proposal doesn’t move the needle on giving people a reason to stay in New Jersey.”
Related Facebook Post: