Opinion: After the Budget, Who Blinks First — Murphy or Sweeney?

Normally, the budget submitted by a governor to the Legislature returns to the chief executive’s office some three months later remarkably similar to the original spending plan.

After public hearings by the Senate and Assembly budget committees and floor consideration, any legislative changes are largely around the margins. The core of the governor’s budget remains essentially intact.

This year may be different; that long established history may be upended by a dispute between Gov. Phil Murphy and Senate President Steve Sweeney (D-Gloucester), over the governor’s plan to increase the income tax on wealthy New Jerseyans and the senator’s proposal to raise the state’s corporate tax.

Click here for the full article »