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Speaker Coughlin Statement on Legislature’s Passage of FY23 State Budget

Assembly Speaker Craig J. Coughlin (D-Middlesex) issued the following statement Wednesday following the Legislature’s passage of the FY23 State Budget:

“No new taxes, more than two billion in historic tax relief and close to five billion in transformative infrastructure investments – this budget delivers for the working and middle-class people and families of our state.

“With meaningful property tax relief under ANCHOR, record increases in aid to fund our best-in-the-nation schools, another full pension payment, strategic use of American Rescue Plan dollars, billions of dollars to reduce debt, and a historic surplus to provide for the future in these tenuous economic times, we are on track to make a real and lasting difference.

“The investments into critical infrastructure like childcare, our schools, mass transit, healthcare, housing, and our small businesses will help make New Jersey more affordable and create jobs that support financially secure families and a thriving economy.

“I am grateful for the work of my caucus, Assembly Budget Chair Pintor Marin, our colleagues in the Senate, and Senate President Scutari. I look forward to Governor Murphy signing the strong and fiscally responsible budget we have delivered that is addressing everyday kitchen table issues for New Jersey families.”