Phil Murphy on Budget & Economy



Hard to support economy with last century's infrastructure

The fact is: it is hard to support the economy of tomorrow with last century's infrastructure. That is why we are continuing to invest in the future of our transportation system at record levels. This past November, we officially broke ground on the Jersey side of the Hudson Tunnel Rail Project. One of the biggest policy failures in our state's history was when the last administration abandoned this project. We are correcting that mistake.
Source: 2024 State of the State Address to the N.J. legislature , Jan 9, 2024

Netflix production hub shows NJ is ready for our close up

Netflix will create a major production hub at the site of the former Fort Monmouth--a nearly $1 billion dollar investment that will create thousands of permanent, and overwhelmingly union, jobs. The dozen soundstages to be built, along with new housing and hospitality space, will revitalize not just Fort Monmouth but lift the small businesses around it. More than anything, this investment by Netflix makes it clear to all--New Jersey is ready for our close up.
Source: 2023 State of the State Address to the N.J. legislature , Jan 10, 2023

More than $1B to support revitalizing our downtowns

Our downtowns took a beating during the pandemic, and we have committed ourselves to bringing them fully back. We have helped our downtowns and small businesses make it through some very dark times and into the recovery which is still ongoing with more than $1 billion in support. And together, in the budget we passed, we maintained our $50 million investment in the Main Street Recovery Program. And the holiday season saw our downtowns bustling again, as they should be.
Source: 2023 State of the State Address to the N.J. legislature , Jan 10, 2023

COVID: Grants and loans to nearly 55,000 small businesses

The pandemic has slammed small businesses across America, so, our economic focus has been squarely where it should be -- on helping our hard-hit small businesses and encouraging new ones to grow. Through the New Jersey Economic Development Authority, nearly 55,000 small businesses -- by the way, many of them owned by women, people of color, and veterans -- have received a truly lifesaving grant or a loan, and some of our nascent startups have received guarantees for vital new capital.
Source: 2021 State of the State Address to New Jersey legislature , Jan 12, 2021

Largest investment in infrastructure in New Jersey history

We are leaving for the next generation a rail system wholly different than the one we inherited. We are making historic investments in our roads and bridges. We are reimagining our airports and seaports. We are embarking on the largest infrastructure investment program in the history of our state. These transformative investments will reap tremendous returns for our economy, create good-paying jobs, and attract innovative companies to the state that want a world-class infrastructure system.
Source: 2021 State of the State Address to New Jersey legislature , Jan 12, 2021

Other governors on Budget & Economy: Phil Murphy on other issues:
Gubernatorial Debates 2023:
KY: Incumbent Andy Beshear(D)
vs.State A.G. Daniel Cameron(R)

vs.Ambassador Kelly Craft(R)
vs.State Auditor Mike Harmon(R)
LA: Incumbent John Bel Edwards(D,term-limited)
vs.Jeff Landry(R)
vs.Shawn Wilson(D)
vs.John Schroder(R)
vs.Sharon Hewitt(R)
MS: Incumbent Tate Reeves(R)
vs.Bill Waller(R,withdrew)
vs.Brandon Presley(D)

Gubernatorial Debates 2024:
DE: Gov. John Carney (D, term-limited);
Lt. Gov. Bethany Hall-Long (D)
vs. Matt Meyer (D)
IN: Gov. Eric Holcomb (R, term-limited);
Sen. Mike Braun (R)
vs. Suzanne Crouch (R)
vs. Jennifer McCormick (D)
MO: Gov. Mike Parson (R, term-limited):
Jay Ashcroft (R)
vs. Bill Eigel (R)
vs. Mike Kehoe (R)
vs. Crystal Quade (D)
MT: Gov. Greg Gianforte (R)
vs. Tanner Smith (R)
vs. Ryan Busse (D)
Gubernatorial Debates 2024 (continued):
NC: Gov. Roy Cooper (D, term-limited);
Dale Folwell (R)
vs. Michael Morgan (D)
vs. Mark Robinson (R)
vs. Josh Stein (D)
vs. Andy Wells (R)
ND: Gov. Doug Burgum (R)
vs. State Rep. Rick Becker (R)
NH: Gov. Chris Sununu (R, retiring)
vs. Sen. Kelly Ayotte (R)
vs. Joyce Craig (D)
vs. Chuck Morse (R)
vs. Cinde Warmington (D)
UT: Gov. Spencer Cox (R)
vs. State Rep. Phil Lyman (R)
VT: Gov. Phil Scott (R) unopposed
WA: Gov. Jay Inslee (D, retiring);
Hilary Franz (D, withdrew)
vs. State Sen. Mark Mullet (D)
vs. County Chair Semi Bird (R)
vs. WA Attorney General Bob Ferguson (D)
WV: Gov. Jim Justice (R, term-limited);
vs. WV State Auditor JB McCuskey (R, withdrew)
vs. WV Secretary of State Mac Warner (R)
vs. State Del. Moore Capito (R)
vs. WV Attorney General Patrick Morrisey (R)
vs. Huntington Mayor Steve Williams (D)
Civil Rights
Foreign Policy
Free Trade
Govt. Reform
Gun Control
Health Care
Homeland Security
Local Issues
Social Security
Tax Reform


Page last updated: Jan 24, 2024; copyright 1999-2022 Jesse Gordon and OnTheIssues.org