Gov. Phil Murphy signed a record spending plan for the state just before the deadline this week.

Tom Bracken, the head of New Jersey's Chamber of Commerce, says the budget continues a trend of overspending. Senate Budget Committee Chairman Paul Sarlo says it leaves the next governor a $6.7B surplus and brings down the structural deficit.

The nearly $59B budget increases taxes by $1 billion on items like cigarettes and vaping liquid. But also includes property tax relief.

Republican state Sen. Mike Testa shares his thoughts.

Also, Alan Steinberg, host of the Dynamic Political Centrism Podcast, breaks down the upcoming governor’s race.