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Politics

Gov. Sherrill Proposes Record $60.7B NJ Budget

Gov. Mikie Sherrill stood before a joint session of the Legislature in Trenton on Tuesday and laid out a record $60.7 billion budget proposal, her first since taking office in January, one built on cutting existing programs rather than launching new ones and narrowing a structural deficit that has dogged New Jersey for years. The spending plan exceeds what the state expects to collect through taxes and fees by nearly $1.7 billion. That gap sounds alarming, but Sherrill framed it as progress. Without action, she warned, New Jersey was staring down a $3 billion shortfall. The cuts her administration identified pulled that number down considerably.

Anthony Ferraro |
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Governor Sherrill Proposes $60.7B NJ Budget in Trenton

Governor Mikie Sherrill walked into the statehouse Tuesday and told Trenton something it hasn't heard in a while: the party is over. Sherrill submitted a proposed $60.7 billion state budget, a record in sheer size, but one she framed as a turning point after years of fiscal drift under both parties. She took aim at the Trump administration, at the structural problems baked into New Jersey's finances, and at the political culture in Trenton that allowed those problems to fester.

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Sherrill Unveils $60.7B NJ Budget Boosting School Funding

Gov. Mikie Sherrill rolled out a record $60.7 billion budget Tuesday, her first since taking office, that pumps historic amounts into New Jersey's public schools while trying to stabilize a state fiscal picture she described in stark terms. "Government hasn't been working, and the budget is broken in New Jersey," Sherrill said. "We have one of the worst budget gaps in the nation."

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Aerial glance at a cable-stayed bridge under construction, showcasing yellow crane work over a river. Local & news

Governor Sherrill Scales Back $10.7B Newark Bay Bridge Project to $6.7B

Gov. Mikie Sherrill announced March 3 she is reducing the scope of the New Jersey Turnpike Authority's controversial Newark Bay Bridge expansion project, cutting the cost from $10.7 billion to $6.7 billion while addressing environmental and traffic concerns raised by local officials and advocacy groups.

Karen O'Brien