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Murphy Proposal Wildly Out-of-Step with Austerity Message
Note: I used the title of the article as the thread title. I do not believe that the proposals are "wildly out of step" either, but interesting ideas to invest in the future.For five months, Gov. Phil Murphy has kept the state’s people up to date on the COVID-19 pandemic, what steps he’s ordered to halt the spread and what individuals can do to assist.
He’s made it a point of emphasis in each of his daily (now thrice weekly) briefings to describe the havoc the virus has wreaked on the state’s economy and, in particular, how it’s robbed the state of critical tax revenue necessary to continue funding for essential services and programs.
Along with the Legislature, the governor extended by three months the current fiscal year to Oct. 1 and continued to support ongoing programs at their existing appropriations level.
He warned of devastating cuts to essential services and aid programs, unprecedented public employee layoffs, and potentially crushing property tax increases if the state failed to act decisively to head off a fiscal meltdown.
Read more: https://www.insidernj.com/murphy-proposal-wildly-out-of-step-austerity-message
