Assembly Budget Committee Chairwoman Eliana Pintor Marin (D-Essex) issued the following statement in response to Governor Murphy’s FY’23 State Budget Address:
“The Governor delivered his FY 23 budget address today. It is great to listen to a budget address against the backdrop of the State’s first credit upgrade in 17 years, 3.8% 3rd quarter GDP growth that is well ahead of regional and national averages, record job growth, and recent unemployment rates that have been revised sharply lower.
“The Governor and Legislature have worked hard in recent years to build a strong economic foundation and this budget is reaping those rewards. The discussion now is how to wisely steward growing surplus revenues and continue growth, rather than struggling to find cuts or tax increases to protect essential programs.
“As a Legislature, we are going to work harder than ever to build on these gains. We will be examining this budget proposal in detail to ensure that services and programs are being delivered efficiently. Then we will work collaboratively with the Governor to deliver a budget that works for everyone while ensuring the State’s continued economic success.”