New Jersey 2026 Budget: A Wolf in Sheep’s Clothing

New Jersey 2026 Budget: A Wolf in Sheep’s Clothing

New Jersey Governor Phil Murphy is touting his administration’s 2026 budget proposal as affordable and secure. But, if you look any further, you will see the same troubling trend: ever-growing spending, higher taxes, and no real attempt to fix New Jersey’s structural deficit.    The budget clocks in at $58.1 billion, a 2.7% increase over FY2025. It also marks a 67% increase compared to the first budget passed under the Murphy administration. Des…