Murphy: 'All options on table' on lawmakers' $38.7B budget
![Phil Murphy](https://images.foxtv.com/static.fox29.com/www.fox29.com/content/uploads/2019/06/764/432/gov_phil_murphy_generic_09_edwin_j_torres_govs_office.jpg?ve=1&tl=1)
New Jersey Gov. Phil Murphy (Photo by Edwin J. Torres/ Governor's Office)
TRENTON, N.J. - New Jersey Gov. Phil Murphy says he's keeping all options on the table, including using his veto pen, on the $38.7 billion budget that lawmakers are expected to send to him this week.
Assembly and Senate committees on Monday passed the $38.7 billion spending plan and are expected to take final votes on Thursday. The state constitution requires a balanced budget to be in effect by July 1.
Murphy said at a news conference Tuesday that he was considering all options at his disposal, including vetoing the measure. That could lead to a government shutdown.
The sticking point for the first-term Democrat is raising the income tax on people making more than $1 million a year, from a top marginal rate of 8.97% to 10.75%. Legislators say they oppose that.