New Jersey
NJ legislature considering $56.6 billion budget; vote expected Friday
3-minute read
Historic savings for taxpayers as NJ debt is being paid down
Historic savings on the way for taxpayers as New Jersey debt is being paid down, Gov. Phil Murphy said during his 2025 state budget address.
With less than a week before the end of the fiscal year, legislative committees were in Trenton on Wednesday to advance a budget bill.
The Assembly Budget Committee was scheduled to start at 2 p.m. – though it was later updated to 4:30 p.m. − and the Senate at 4 p.m., both were hours late to start as they considered the state’s spending plan for fiscal year 2025 – which runs from July 1 through June 30, 2025.
The bill language was not posted online but documents were obtained by reporters around 8 p.m. The bill was introduced as a $56.6 billion budget, an increase of about $728 million over the governor’s proposal and $2.3 billion more than the fiscal year 2024 budget.
Revenue projects indicate that the state will earn about $54.5 billion in the new fiscal year, meaning the budget functions at a deficit of $2.1 billion. Projects show a surplus of about $6.1 billion.
Not everyone was on board with the plan and the business lobbyists was among the most vocal.
Chris Emigholz of the New Jersey Business and Industry Associate called it a “bad budget,” pointing to the structural deficit in the bill.
“It’s bad for our taxpayers. It’s bad for our job creators. It’s bad for our fiscal responsibility,” he said.
Tom Bracken of the New Jersey Chamber of Commerce said that the “business community has run out of patience.”
But advocates like Peter Chen of the New Jersey Policy Perspective spoke in support of the bill.
“This is a budget that leads us on a path towards a better New Jersey, towards a New Jersey where the mighty and powerful are forced to pay what they owe to support the investments that help everyday New Jerseyans,” he said.
State Sen. Declan O’Scanlan, the Republican budget officer, said the “already bloated” budget is worse than it had been with the addition of discretionary spending items.
“The fact that we are massively increasing spending at a time when we have already done so over the last six years of this administration, is in many ways a runaway freight train,” he said. “In just the last week, we’ve added almost $700 million.”
State Sen. Paul Sarlo, the committee chair said that “no budget is ever perfect this is not either quite frankly” but that the process of creating a budget with two branches of government and two houses of the Legislature requires a lot of give and take.
He said there is supplemental spending but that many are “spending priorities” and “one time infrastructure” items and that they are a “very, very small components to this budget.”
Sarlo also candidly announced that he wished the corporate transit fee wasn’t included but he understands the “transit issue is looming and in order to stay competitive and get people to work you need a vibrant transit system.”
“No transit agency across this entire country is solely dependent on ridership,” he said. “Can we do better? We have to do better with transit.”
The bill was ultimately cleared in the Senate along party lines.
Gov. Phil Murphy proposed a $55.9 billion spending plan in February and then handed it off to the Legislature to figure out the details and after months of testimony and negotiations the budget appeared before committee.
Among the other bills to clear committee was a 2.5% corporate transit fee for businesses in the state earning more than $10 million. Details on that bill, sponsored by Senate President Nick Scutari, were scarce as well but the idea was first proposed by Murphy in his budget address in February.
Another bill geared toward providing medical debt relief also cleared committee despite testimony against it. Sarlo said that the bill would pass because it was a non-negotiable priority for the administration.
After clearing both committees, the budget is set to be voted on in full chambers on Friday. The governor has until midnight Sunday to sign the bill.
JAMESBURG, New Jersey (WABC) — When it comes to home deliveries, having your order stolen right off your doorstep can be infuriating, so one New Jersey man did it right.
Peter Tsistinas had his brand-new cell phone delivered to a so-called safe pickup site, designated by the seller, where it was stolen.
Delivery services can drop off your item at any number of safe locations, where you can later pick up your order. But as exclusive video obtained by 7 On Your Side shows, porch pirates are upping their game.
Captured on a security camera, a man calmly walks into the CVS store, asks for a delivery, shows an ID, signs for it, and walks off with a brand-new iPhone. There’s just one problem.
“They saw somebody that was not me getting my package,” said Tsistinas when asked what the police were seeing on the tape.
The real Peter, a popular DJ for hire, was dumbfounded. He chose the safe drop to avoid being porch pirated, but the thief still got the goods.
“Yeah, I actually paid extra for it. It wasn’t much. It was $7.99,” Tsistinas said.
Tsistinas got a notification from UPS that the phone was dropped off at 12:39 p.m., less than two hours later, he got a notice it was picked up.
But Tsistinas didn’t pick it up. It was the unknown suspect who went into the CVS, walking off with the brand-new iPhone for Peter’s son.
Tsistinas reported the crime to the police and alerted UPS, CVS and T-Mobile, which shipped the smartphone. The response to the DJ was what he called, “crickets.”
“I was watching, you know ABC News, and I saw 7 On Your Side and I’m like, ‘you know, you’re the first thing I thought of,’” Tsistinas said
7 On Your Side reached out to both CVS and the cell phone provider.
Within a week, T-Mobile responded, saying, “Our care team is working with Mr. Tsistinas directly to get him the device he ordered from us, and we’re working closely with CVS and our other partners to further protect our customers’ orders from theft. Our dedicated fraud, crime and logistics teams collaborate with vendors to address these issues and improve delivery processes.”
CVS also sent 7 On Your Side an official statement, saying, “We’ve connected with the customer and apologized for his experience. T-Mobile is now working directly with Mr. Tsistinas to help resolve the matter. Anyone picking up a UPS package at CVS Pharmacy must present identification matching the person and name on the package to be released. We’re working with the store team to help prevent similar situations from occurring in the future.”
After weeks of back and forth with the companies, Tsistinas could finally focus on his beats again.
“I paid almost $500 in deposit, and then it was going to be like so much per month. So, they just squashed all that,” Tsistinas said.
Referencing the Rolling Stones, he says he not only got his satisfaction, but also his money back.
“Nina, you’re the best!” Peter said.
Police are still looking for the suspect in the video and say he’s part of a crime ring. If you recognize him, call Jamesburg police in New Jersey.
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A police investigation took place at a Walmart in Cherry Hill, New Jersey on Wednesday morning and shoppers may have noticed an increased presence of officers at the shopping center, officials said.
On social media, the Cherry Hill Police Department alerted residents that an investigation was underway in a Walmart, located along Route 38 in Cherry Hill, New Jersey, at about 9 a.m. on Wednesday.
However, officials did not immediately detail the cause of this increased police presence, other than saying an investigation was underway and “the scene has been secured.”
Police were asking people to avoid the area, if possible, to allow officers the ability to complete this investigation.
However, as of about 10 a.m., police said on social media that the incident was resolved and there was no threat to the public.
OFFICIAL UPDATE: INCIDENT RESOLVED
The police activity at Walmart (500 Route 38) has been resolved without incident. There is no threat to the public.
Thank you to residents and motorists for their patience and cooperation while officers worked in the area. #CherryHillPD pic.twitter.com/668By2Ttht
— Cherry Hill Police Department (@CherryHillPD) July 8, 2026
As of about 10:15 a.m., police had not provided further information on the nature of this investigation, nor did they say if anyone was arrested through the course of this incident.
NBC10 is working to learn more.
This is a breaking news story. It will be updated as new information becomes available.
WILDWOOD, N.J. (WPVI) — Multiple people were rescued from the ocean off Wildwood, New Jersey, over the weekend, and the rescue was caught on video.
It all happened around 7:45 p.m. Sunday on the beach near Schellenger Avenue.
In total, officials say nine people were saved.
The Wildwood Beach Patrol, which was among the responding agencies, posted video of the rescue on Facebook.
A woman who witnessed it all said she was struck by the act of bravery she witnessed.
“What I just experienced was just the most beautiful thing ever. These people just came out of nowhere – I’m talking about like Baywatch – out of nowhere, come out there and save those people in that water. It was so beautiful,” she said.
Officials are reminding beachgoers to only swim when lifeguards are present.
Copyright © 2026 WPVI-TV. All Rights Reserved.
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