5 of the biggest reasons N.J.’s record-spending budget is increasing

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The state is stuck between raising taxes or cutting it’s expenditures. Here are the items that are receiving the largest increases in spending.

New Jersey has one of the highest budget surpluses in state history , but it’s expected to run dry by 2028 since the state is spending $1.2 billion more than it’s taking in. That leaves the state stuck between raising taxes or cutting its expenditures .

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toughens penalties for organized retail theft rings Key lawmakers are telling some N.J. taxes to take a hike.