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Governor Murphy’s Ponzi Scheme Called Premature, Excessive and Unconstitutional

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the staff of the Ridgewood blog

Trenton NJ,Senator Anthony M. Bucco raised serious concerns about Governor Phil Murphy’s plan to borrow as much as $14 billion to fund government spending.

“Given his failure to consider fiscally responsible alternatives to balance the State budget, Governor Murphy’s borrowing scheme is premature, excessive, and almost certainly unconstitutional,” said Bucco (R-25). “When the State is already drowning in debt, New Jersey taxpayers cannot afford to give the Governor the blank check he’s demanding.”

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