Listen: New Jersey, Murphy, Treasurer discussed on New Jersey First News With Eric Scott
"On New Jersey one at one point five how many jerseys first news five zero six darrow's kilometer weather cold. Again, this morning kids are gonna need a jacket on the way to the bus. Stop is temperatures are in the twenties and thirties, we are barely at freezing in many areas, and we aren't going to warm up much today. We have a coastal storm. That's just going to clip New Jersey, but that's going to bring some wind, and maybe some heavy rains and light flooding to parts of the coast and south jersey overnight before it clears out and bring some sunshine in four tomorrow. We'll have more on that part of the forecast coming up here in just a couple of minutes. Murphy continues his campaign for higher taxes. You said treasurer before the legislature to warn without them. New Jersey's budget is at risk. Elizabeth millio told members of the assembly budget committee over eight hundred million dollars in one shot. Revenues won't be there in the new budget. Murphy is using that to argue for raising income taxes on those making more than a million dollars democratic leaders have rejected calls for increasing taxes so far. Gasoline consumption continues to decline in New Jersey raising the possibility of another gas tax increase this fall. The Murphy administration at least for now. Thanks one. Could be avoided a law that height the gas tax in two thousand sixteen requires it to be adjusted further guarantee revenue collections meet a specified target, David drescher, the office of legislative services says fuel consumption is decreasing which might necessitate and further increase in the tax rate is consumption does not substantially increase between now. And the fall state treasurer. Elizabeth Moyo says the four will be running the summer, but the last October's four point three cent per gallon increase should be enough to offset declines in gasoline sales. This'll be revisited in August as required by law. But no rate changes assumed in the current projection at the state house, Michael Simon's, New Jersey, while one point five news, even without another gas tax hike. The rise in gas prices continues. Its typical this time of year in New Jersey demand increases,."