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New Jersey Budget Boosts and Tax Credits | Jersey News
New Jersey lawmakers just approved a massive $60.7 billion budget for fiscal year 2027—and threw in a last-minute $358 million supplemental bill to keep programs running. Think of it as a final cash boost before the old budget expires. The extra cash funds big-ticket items like FIFA World Cup prep, a $105 million Jersey City loan, and community programs across the state. Plus, families earning $80K or less will get bigger child tax credits for kids under six, starting in 2026. It’s a flurry of fiscal moves—classic Trenton style—to keep things funded and families supported. Support the…
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