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Democrat Murphy to unveil his budget as NJ's governor

AP Photo/Mel Evans


(AP) - Democratic Gov. Phil Murphy will be unveiling his first budget since succeed Republican Chris Christie.  Murphy is set to address a joint session of the Democrat-led Legislature on Tuesday.  Murphy says he has not backed away from his pledge to raise taxes on millionaires despite Democratic reluctance.

He also says he will make a "major" statement on New Jersey Transit. His other key campaign promises were funding the public worker pension and increasing aid to schools.  Republican lawmakers their analysis shows a budget surplus could be as high as $1.5 billion.

Assembly Minority Leader Jon Bramnick and Senate Minority Leader Tom Kean Jr. say the money should be used to lower property taxes, which are among the highest in the country