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The Feel-Good Savings in Gov. Murphy’s Budget

The Feel-Good Savings in Gov. Murphy’s Budget

Tracey Tully ��Reporting from Trenton

The bonuses reflect a state flush with cash from sales taxes, federal stimulus funds and the robust housing and stock markets.

But they also signal a shift. The budget shrinks the state’s costly debt load and increases spending by less than 1 percent.

Murphy incorporated the concept into his oft-repeated mantra: “Stronger, fairer, and, yes, more affordable.”

The Legislature must approve the budget by July.

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