Murphy Unveils Record $58.1B NJ Budget

• New Jersey Gov. Phil Murphy presented a historic $58.1 billion budget, the largest in the state's history.
• The budget aims to provide economic security and opportunity, addressing concerns over rising costs and housing market pressures.
• Proposed tax increases on sports betting, alcohol, marijuana, and tobacco to offset costs and increase revenue.
• Significant investments in education, including full funding for K-12 public schools and additional pre-K funding.
• Republicans criticize the budget for perpetuating the state's structural deficit and unnecessary new spending.

Source: Whyy, Yahoo! News