TRENTON, N.J. (AP) — New Jersey Gov. Chris Christie proposed a $32.9 billion budget Tuesday that allows more poor residents to enroll in Medicaid and increases public school aid but defers property tax rebates for three months to cover a projected budget shortfall.

Christie, a possible Republican presidential contender in 2016 who is seeking a second term as governor in November, touted the budget as a blueprint that seeks fiscal stability without forgetting about the state’s most vulnerable residents. The Democratic-led Legislature must approve the plan.