Latest / Jersey City News Today | 2 Min News | The Daily News Now!
NJ Approves Record-Breaking Budget | Jersey News
New Jersey just approved its biggest budget ever—$61 billion—with historic school funding, full pension payments, and targeted town aid, but also tough cuts and rushed votes sparking transparency concerns. Lawmakers added $300 million in special priorities, including a Jersey City loan program to dodge tax hikes, while new tax tweaks—like capping business loss deductions and charging Medicaid employers—could face legal pushback. The Child Tax Credit gets a 25% boost for three years, but critics say the late-night, piecemeal process leaves too little time for scrutiny. Support the show:Get a…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.