New Jersey Assembly to vote on Murphy’s bond issue proposal

Published June 1, 2020 9:30pm ET



A bond issue proposed by Gov. Phil Murphy is headed for a vote by the State Assembly next week as lawmakers grapple with the economic effects of the novel coronavirus pandemic.

The state is facing a $10 billion budget shortfall over the next two years, according to numbers from State Treasurer Elizabeth Maher Muoio.

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