Gov. Murphy seeks tax hikes in $40 billion budget proposal

Published February 26, 2020 5:00pm ET



New Jersey Gov. Phil Murphy drew applause at the beginning of his budget address Tuesday before lawmakers in Trenton, when he thanked them for their concern about his health.

He also drew applause toward the end of his nearly 50-minute speech as he reeled off some highlights of his proposed spending plan for the 2021 fiscal year, which include modernizing infrastructure to eliminate lead water lines and providing $200 million to lower the cost for individuals buying health insurance plans through the Affordable Care Act.

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