Under the plan, drivers using the Lincoln Tunnel and Holland Tunnel would receive a credit based on what they pay in tolls. However, no break would be offered to motorists taking the George Washington Bridge, as noted by Gov. Phil Murphy in a letter to N.Y. Gov. Andrew Cuomo.
Murphy, in his letter to Cuomo, asked Cuomo to consider sharing some of the revenue with NJ Transit and PATH. According to AAA Northeast, which opposes the plan, 80% of the revenues will go toward the subways. The Long Island and Metro-north railroads each would get 10 percent [while NJ transit would get none]. Cuomo had not publicly responded as of Monday afternoon.
Massachusetts rolled out the first state-wide equity program in the nation last month. Not only do equity applicants get an early start in applying for a license, they also receive help from the state in raising capital and compliance. Meanwhile, New Jersey governor Phil Murphy has focused on racial justice in his support for legalization.
Murphy said "reigniting" the state's science, technology, engineering and mathematics sector was his main economic focus. He specifically cited Monmouth County as a "potential hotbed," for such activity.
While the county's suburbs were once home to the biggest names--such as the Bell Labs and Lucent Technologies building in Holmdel--he said the resurgence could come in cities like Asbury Park, "communities where millennials want to live."
"We were Silicon Valley before Silicon Valley was Silicon Valley. There's no reason we can't get that back," he said.
While the county's suburbs were once home to the biggest names he said the resurgence could come in "communities where millennials want to live. We were Silicon Valley before Silicon Valley was Silicon Valley. There's no reason we can't get that back," he said.
Raising the state's 14.5-cent gasoline tax, second-lowest in the country, has been identified by most as the only way to renew the state's Transportation Trust Fund, currently unable to pay for anything other than debt service.
While it's not a "perfect match," he suggested raising the Earned Income Tax Credit--a popular credit among working class families--to 40 percent. Increasing that tax credit has been a part of multiple TTF plans proposed over the last few months. Raising the gas tax "is aggressive so it bothers the heck out of me," Murphy said. "But I hope we can find ways to cushion the blow." But doing so would come with instant employment opportunities--thousands of construction workers are out of work due to Christie's mandated transportation work stoppage--and provide a needed investment in infrastructure, Murphy said.
A gasoline tax hike has become wildly unpopular in New Jersey, even at Murphy's event: There was only a smattering of applause when he called for the tax to be raised. Raising the gas tax "is aggressive so it bothers the heck out of me," Murphy said. "But I hope we can find ways to cushion the blow." Doing so would come with instant employment opportunities--thousands of construction workers are out of work due to Christie's mandated transportation work stoppage--and provide a needed investment in infrastructure, Murphy said.
Murphy is no stranger to Europe, working there both as an ambassador and during his career at Goldman Sachs. When asked what he would do to "protect" the coasts, he suggested "dreaming and taking risks." He specifically lauded the Netherlands for their commitment to protecting their shores. "They don't have the pipeline discussion we have. They didn't have a discussion about the governor pulling us out of the Regional Greenhouse Gas Initiative," Murphy said. "They walk the talk and are prepared."
He said the next governor should "put the brakes" on Christie's policies, but needs to be comfortable with long-term environmental policy planning: "They should be comfortable with the fact that many of these effects won't happen for years," he said.
He said the next governor should "put the brakes" on Christie's policies, but needs to be comfortable with long-term environmental policy planning: "They should be comfortable with the fact that many of these effects won't happen for years," he said.
Murphy's commercial never mentions [that he was an executive at] Goldman Sachs, instead focusing on his work as a former Democratic National Committee finance chairman under chairman Howard Dean, his years as the President Barack Obama-appointed ambassador to Germany, his leadership of two New Jersey charities and status as a member of the NAACP's national board.
Murphy, who grew up outside Boston to a family he frequently says was "middle-class on a good day," made his fortune as an executive at Goldman Sachs in the 1990s and early 2000s. The firm is unpopular among liberals and in New Jersey is associated with unpopular former Gov. Jon Corzine--a past CEO of the firm whose time there coincided with Murphy's. The Democratic hopeful has stressed other aspects of his career.
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The above quotations are from 2017 New Jersey Gubernatorial race: debates and news coverage.
Click here for other excerpts from 2017 New Jersey Gubernatorial race: debates and news coverage. Click here for other excerpts by Phil Murphy. Click here for other excerpts by other Governors.
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