NJ Supreme Court Will Hear Ciattarelli Argument Against Murphy Borrowing Plan Aug. 5th - TAPinto Somerville
TRENTON, NJ - The New Jersey Supreme Court will hear arguments on Aug. 5th from declared GOP gubernatorial candidate Jack Ciattarelli and his legal team against Gov. Phil Murphy's plan to borrow $9.9 billion to balance the state budget,
Ciattarelli, a Hillsborough resident and former state assemblyman and Somerset County freeholder, insists what Murphy is attempting is not only unconstitutional, but would bankrupt taxpayers and future generations of New Jerseyans.
Murphy signed the bill authorizing the "New Jersey COVID-19 Emergency Bond Act” last Thursday after it was approved by the state Senate (22-15) and state Assembly (46-26). It caps borrowing at $9.9 billion through June 30, 2021 with approval by a committee of four lawmakers, two each from the Senate and Assembly. Murphy has not indicated how much the state might borrow.
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