N.J. budget to include millionaire’s tax, but scrap ‘baby bonds,’ cigarette tax hike

In some cases, elected officials are spending the last of a federal relief package passed in the spring as an end-of-year deadline approaches.

In a highly unusual move, Gov. Phil Murphy signed the budget bill without taking anything out via the line-item veto.

N.J. would become the second state with a publicly run bank — after North Dakota and its century-old institution — under the aims of an executive order by Gov. Phil Murphy.