Gov. Phil Murphy signs nearly $8 billion stopgap budget, described as ‘bare bones’

Gov. Phil Murphy has signed a nearly $8 billion stopgap budget, whose deadline was extended to Sept. 30 because of the COVID-19 outbreak.

News 12 Staff

Jul 1, 2020, 10:23 AM

Updated 1,393 days ago

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Gov. Phil Murphy has signed a nearly $8 billion stopgap budget, whose deadline was extended to Sept. 30 because of the COVID-19 outbreak.
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Gov. Murphy described the budget Tuesday as “bare bones” during a news conference in Trenton.
"The fiscal impacts of the COVID-19 pandemic are as unprecedented as this public health emergency itself,” says Gov. Murphy. “As we move forward toward the nine-month fiscal 2021 budget, our choices will have an even bigger impact."
The three-month spending plan runs from Tuesday through Sept. 30, the new deadline Gov. Murphy and the Legislature enacted because of falling state revenues stemming from the outbreak.
The governor says the spending plan amounts to a 5% across-the-board cut for non-salary operating costs, and a 10% cut in discretionary grants.

AP wire services helped contribute to this report.


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