Breaking down Murphy’s record-high budget proposal

Murphy wants to spend $48.9 billion, a record for a state budget

David Cruz, John Reitmeyer, Rhonda Schaffler | March 8, 2022 | Budget

How much, where it goes and what’s next. Senior Political Correspondent David Cruz and Budget and Finance Writer John Reitmeyer offer news and analysis on Gov. Phil Murphy’s $48.9 billion proposed budget. Murphy made his pitch Tuesday to lawmakers and the public for a plan that includes a reworked property tax relief program and the highest state spending in history.