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New Jersey Democrats Reach Budget Deal, Avoid Shutdown
NBC10 : New Jersey Gov. Phil Murphy and Democratic legislative leaders came to a deal Saturday night on a $37.4 billion budget that hikes taxes on the wealthy and some businesses and averts the state's second consecutive government shutdown, just hours ahead of a deadline.
The Democratic governor announced the deal with Assembly Speaker Craig Coughlin, Senate President Steve Sweeney and other lawmakers at his office. They mended disagreements over which taxes to raise and presented a budget that boosts spending in the pension, transit and education.
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