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New Jersey Supreme Court OK’s Murphy Administration Borrowing Scheme

phil murphy

the staff of the Ridgewood blog

Trenton NJ, the New Jersey Supreme Court today unanimously  sided with the Murphy Administration in deciding the law suit brought by Republicans against Governor Phil Murphy regarding the constitutionality of his $9.9 billion borrowing plan to combat the impact of COVID-19,  In the ruling the New Jersey Supreme Court today unanimously ruled the following:  “therefore [we] conclude that the Bond Act is constitutional, subject to certain limiting principles.”

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