Still no budget agreement: New Jersey comes closer to a possible government shutdown

Time is running out for New Jersey to balance its budget while the main state democrats still have not concluded agree Friday afternoon. The state is approaching a government shutdown as the deadline approaches.

Leading state legislative leaders held a press conference Friday afternoon following talks at Trenton's governor's office and stated that there was still no room for the meeting. 39, budget agreement. President Craig Coughlin said lawmakers have worked toward a compromise, but Governor Phil Murphy, a Democrat, was not willing to do it to this point.

"I am bitterly disappointed" Senate Speaker Steve Sweeney shared similar sentiments, saying that legislators have "proven time and time again that our budget meets all constitutional requirements," Coughlin said. at a press conference Friday afternoon. "We wanted to find a solution here," but Murphy was not ready to compromise

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"We have given a budget of which we are proud but that it has ransacked," Sweeney said. Legislators said their proposed budget was physically healthy.

Senate Majority Leader Loretta Weinberg Weinberg said she was "personally disappointed" by the results of Friday's meeting, which lasted several hours.

However, at a subsequent press conference, Mr. Murphy stated that there was "a glimmer of hope" that an agreement could be reached before the deadline , saying that, contrary to what has been said,

"I am willing to compromise and I've always been on the solutions we use, but I will not compromise on the need for A real durable solution "for an" agreement that weakens our future, "said Mr. Murphy

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Lt. Governor Sheila Oliver shared similar sentiments saying that Murphy "left his initial position on each item" in the budget, which shows that he is open to compromise and that he finds a solution. [19659016] The democratic state government has until midnight Saturday's deadline for the 39, adoption of a balanced state budget, without which state parks, public beaches and government offices would face a halt.

The biggest disagreement is how to pay a budget of nearly $ 37 billion. how much to raise taxes. The Democratic governor of the first term wants to raise the tax rate on people who earn more than $ 1 million to 10.75%.

In addition, Murphy proposed a sales tax increase of 6.625% to 7% over a two-year period. Sweeney said Friday's lawmakers offered a 9.95 percent rate on income over $ 5 million, but the governor dismissed the idea.

"What we have presented today is that the richest of us have to pay their fair share," said Weinberg, adding that she hopes the governor will change his mind. It is insulting to tax millionaires only if they earn $ 5 million or more.

"To put on the table you're ready to tax millionaires, but only if they're earning $ 5 million a year, I think that's an affront. Working class family, I think it's an affront to all I think it shows that the legislature is focusing on the wrong thing, "she said.

Murphy said that raising taxes only for millionaires who earn at least $ 5 million leaves 21,000 other millionaires in New Jersey.

This week, there have been trips back and forth, but up to now there has been no agreement.

"I am not here for political reasons, I am here to correct the state and fix the problem once and for all," said Murphy

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America's communications workers supported Murphy's budget with signs and slogans.

A balanced budget must be in place before midnight Saturday.

The governor and lawmakers say that they will continue to meet since they have another day for

If the government closes its doors, it will be the third consecutive year in The history of the state.Last year, under the government of Chris Christie, the government closed down largely because of Christie's insistence: In case of closure of government, state parks and beaches close from Sunday, and the Garden State Parkway and Atlantic City Expressway rest stops will be closed on Sunday. State courts, Motor Vehicle Commission agencies and inspection sites, tax offices, birth and marriage certificates offices as well as non-state offices will close on Monday.

Copyright Associated Press / NBC New York