NJTV News
Dems approve borrowing $9.9B to plug budget hole, GOP sue
Clip: 7/17/2020 | 3m 52sVideo has Closed Captions
Dems say the $9.9 billion will plug a budget hole. Republicans say it's unconstitutional.
Gov. Phil Murphy signed a bill that lets New Jersey borrow a whopping $9.9 billion. Democrats say it'll plug a massive budget hole caused by plunging tax revenues during the pandemic. But a committee of just four Democratic lawmakers will pick spending priorities. Frustrated Republicans filed a lawsuit claiming the big borrow isn't necessary and isn't even constitutional.
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NJTV News is a local public television program presented by NJ PBS
NJTV News
Dems approve borrowing $9.9B to plug budget hole, GOP sue
Clip: 7/17/2020 | 3m 52sVideo has Closed Captions
Gov. Phil Murphy signed a bill that lets New Jersey borrow a whopping $9.9 billion. Democrats say it'll plug a massive budget hole caused by plunging tax revenues during the pandemic. But a committee of just four Democratic lawmakers will pick spending priorities. Frustrated Republicans filed a lawsuit claiming the big borrow isn't necessary and isn't even constitutional.
Problems playing video? | Closed Captioning Feedback
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