NJBIA’s Michele Siekerka and the State Chamber of Commerce’s Tom Bracken have teamed up to take a critical look at Gov. Phil Murphy’s proposed FY 2021 budget proposal in an op-ed that ran Friday in NJ Spotlight.

In the op-ed, they say:

“As the summer of COVID-19 comes to a hollow end for many beleaguered businesses, Gov. Phil Murphy is proposing a $40.1 billion budget that simply does not reflect the stark reality of our times.

“Instead of keeping costs down for our taxpayers already struggling in this economic downturn, Gov. Murphy is raising taxes and making New Jersey businesses less competitive.

“Instead of holding the line on spending, like both governments and taxpayers do when times are tough, he has proposed spending $1.4 billion more than the prior year and $5.4 billion more than the budget three years ago before he took office.

“Instead of taking the opportunity to pursue the structural reforms that are so desperately needed to right-size our state budget and make New Jersey more affordable, the governor offers more of the same tax-and-spend policies that have brought us to the edge of the fiscal cliff in the first place.”

Read more.

4 responses to “What’s Wrong with Murphy’s FY 2021 Budget Proposal?”

  1. Paul says:

    Recall…..If we as citizens don’t have money, what do we do? Not spend, tighten belt. So far out of touch

    • EDMUNDAS SVEDAS Sr. says:

      Murphy- he don’t care!!! Hes is a King Murphy and we are stupid slaves to him! He needs to go with rest of his crew!!!

  2. Jeffrey Harty says:

    OWNING AND DEVELOPING THIS ARCHITECTURAL LIGHTING DESIGN AND DISTRIBUTION FIRM HERE IN NJ SINCE 2002 HAS LEFT ME TO MAKE A DECISION ON: IS IT COST EFFECTIVE TO STAY IN NJ OR MOVE TO A DIFFERENT STATE? THANK YOU TOO NEW YORK AND THE PEOPLE OF NYC WITHOUT THEM HARLO WHOLESALE LIGHTING INC. WOULD HAVE NEVER REACHED TO WERE WE ARE. NJ ON THE OTHER HAND NEEDS TOO BE ALOT MORE BUSINESS FRIENDLY LET ALONE MORRIS COUNTY.

  3. Frank says:

    Murphy is just another out of touch billionaire. Raising taxes make zero sense. How about we trim the state budget and payrolls. Let get rid of all of the dead wood in state government. When we as taxpayers have tough financial issues we stop spending and live within our means. Murphy has no clue what that’s about. The pandemic craze allowed him to enact executive authority where it should never have been exercised. I guess you don’t get corona from protesting or being in a grocery or big box store. That only happens in gyms, restaurants, small shops and movie theaters. Murphy is a one term mistake by the ever blue NJ.