New Jersey and Illinois are the two states whose budgets are in the weakest position should a recession materialize, according to Moody's Investors Service.
The Senate president says big savings would result if the state's health plans for teachers and other public workers merge. The governor doubts his numbers.
The state is counting on a robust but not unprecedented $3 billion in income taxes this month, exceeding what the tax generated in a whole year before 1991.
Gasoline sales continue to decline in New Jersey, raising the possibility of another gas-tax hike this fall. The Murphy administration thinks it can be avoided.
New Jersey's gas tax will increase 4.3 cents a gallon on Oct. 1, the state Treasury Department announced. At 41.4 cents, it will be sixth highest in the nation.