The New Jersey Assembly Budget Committee on Thursday approved a $7.7 billion supplemental state spending plan for the next three months, a move that is needed due to the extension of fiscal 2020 through Sept. 30 because of the coronavirus pandemic. The plan also includes an additional $4.6 billion in federal funds.
The plan, which does not include a tax increase but does include $4 billion in cuts, was given to lawmakers just hours before the vote. The Senate Budget Committee votes on the bill Friday, with the full bodies both scheduled to vote Monday.
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