Phil Murphy on Budget & Economy

	Phil Murphy on Budget & Economy

Hard to support economy with last century's infrastructure

The fact is: it is hard to support the economy of tomorrow with last century's infrastructure. That is why we are continuing to invest in the future of our transportation system at record levels. This past November, we officially broke ground on the Jersey side of the Hudson Tunnel Rail Project. One of the biggest policy failures in our state's history was when the last administration abandoned this project. We are correcting that mistake. Source: 2024 State of the State Address to the N.J. legislature , Jan 9, 2024

Netflix production hub shows NJ is ready for our close up

Netflix will create a major production hub at the site of the former Fort Monmouth--a nearly $1 billion dollar investment that will create thousands of permanent, and overwhelmingly union, jobs. The dozen soundstages to be built, along with new housing and hospitality space, will revitalize not just Fort Monmouth but lift the small businesses around it. More than anything, this investment by Netflix makes it clear to all--New Jersey is ready for our close up. Source: 2023 State of the State Address to the N.J. legislature , Jan 10, 2023

More than $1B to support revitalizing our downtowns

Our downtowns took a beating during the pandemic, and we have committed ourselves to bringing them fully back. We have helped our downtowns and small businesses make it through some very dark times and into the recovery which is still ongoing with more than $1 billion in support. And together, in the budget we passed, we maintained our $50 million investment in the Main Street Recovery Program. And the holiday season saw our downtowns bustling again, as they should be. Source: 2023 State of the State Address to the N.J. legislature , Jan 10, 2023

COVID: Grants and loans to nearly 55,000 small businesses

The pandemic has slammed small businesses across America, so, our economic focus has been squarely where it should be -- on helping our hard-hit small businesses and encouraging new ones to grow. Through the New Jersey Economic Development Authority, nearly 55,000 small businesses -- by the way, many of them owned by women, people of color, and veterans -- have received a truly lifesaving grant or a loan, and some of our nascent startups have received guarantees for vital new capital. Source: 2021 State of the State Address to New Jersey legislature , Jan 12, 2021

Largest investment in infrastructure in New Jersey history

We are leaving for the next generation a rail system wholly different than the one we inherited. We are making historic investments in our roads and bridges. We are reimagining our airports and seaports. We are embarking on the largest infrastructure investment program in the history of our state. These transformative investments will reap tremendous returns for our economy, create good-paying jobs, and attract innovative companies to the state that want a world-class infrastructure system. Source: 2021 State of the State Address to New Jersey legislature , Jan 12, 2021

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*Other governors on Budget & Economy:*			*Phil Murphy on other issues:*
*NJ Gubernatorial:* Doug Steinhardt Hirsh Singh *NJ Senatorial:* Andy Kim Cory Booker Curtis Bashaw George Helmy Hirsh Singh Rik Mehta Robert Menendez Stuart Meissner Tammy Murphy	*Gubernatorial Debates 2023:* KY: Incumbent Andy Beshear(D) vs.State A.G. Daniel Cameron(R) vs.Ambassador Kelly Craft(R) vs.State Auditor Mike Harmon(R) LA: Incumbent John Bel Edwards(D,term-limited) vs.Jeff Landry(R) vs.Shawn Wilson(D) vs.John Schroder(R) vs.Sharon Hewitt(R) MS: Incumbent Tate Reeves(R) vs.Bill Waller(R,withdrew) vs.Brandon Presley(D) *Gubernatorial Debates 2024:* DE: Gov. John Carney (D, term-limited); vs. Lt. Gov. Bethany Hall-Long (D) vs. County Exec. Matt Meyer (D) vs. State Rep.Mike Ramone (R) IN: Gov. Eric Holcomb (R, term-limited); vs. Sen. Mike Braun (R) vs. Suzanne Crouch (R, lost May 7 primary) vs. Eric Doden (R, lost May 7 primary) vs. Attorney General Curtis Hill (R, lost May 7 primary) vs. Jennifer McCormick (D) MO: Gov. Mike Parson (R, term-limited): vs. Secretary of State Jay Ashcroft (R) vs. State Senator Bill Eigel (R) vs. Lt.Gov. Mike Kehoe (R) vs. House Minority Leader Crystal Quade (D) MT: Gov. Greg Gianforte (R) vs. Ryan Busse (D) vs. State Rep. Tanner Smith (R, lost June 4 primary)	*Gubernatorial Debates 2024 (continued):* NC: Gov. Roy Cooper (D, term-limited); vs. Lt.Gov. Mark Robinson (R) vs. Attorney General Josh Stein (D) vs. Treasurer Dale Folwell (R, lost March 5 primary) vs. Justice Michael Morgan (D, lost March 5 primary) vs. State Senator Andy Wells (R,withdrew) vs. Rep.Mark Walker (R, withdrew) ND: Gov. Doug Burgum (R, retiring) vs. State Rep. Rick Becker (R) vs. U.S.Rep. Kelly Armstrong (R) vs. State Sen.Merrill Piepkorn (D) NH: Gov. Chris Sununu (R, retiring) vs. U.S.Sen. Kelly Ayotte (R) vs. Mayor Joyce Craig (D) vs. Acting Gov.Chuck Morse (R) vs. Exec.Councilor Cinde Warmington (D) UT: Gov. Spencer Cox (R) vs. State Rep. Phil Lyman (R) vs. Minority Leader Brian King (D) VT: Gov. Phil Scott (R) vs. Lt.Gov.David Zuckerman (D, withdrew) vs. Selectman Peter Duval (D) vs. Commissioner Esther Charlestin (D) WA: Gov. Jay Inslee (D, retiring); vs. Attorney General Bob Ferguson (D) vs. U.S.Rep.Dave Reichert (R) vs. State Sen. Mark Mullet (D) vs. County Chair Semi Bird (R) vs. Hilary Franz (D, withdrew to run for U.S.Rep.) WV: Gov. Jim Justice (R, term-limited) vs. WV Attorney General Patrick Morrisey (R) vs. Huntington Mayor Steve Williams (D) vs. WV State Auditor JB McCuskey (R, withdrew) vs. WV Secretary of State Mac Warner (R, lost May 14 primary) vs. State Del. Moore Capito (R, lost May 14 primary)	Abortion Budget/Economy Civil Rights Corporations Crime Drugs Education Energy/Oil Environment Families/Children Foreign Policy Free Trade Govt. Reform Gun Control Health Care Homeland Security Immigration Infrastructure/Technology Jobs Local Issues Principles/Values Social Security Tax Reform War/Iraq/Mideast Welfare/Poverty [Title9]