Democratic lawmakers failed to reach a budget deal in Trenton on Friday, all but guaranteeing a shutdown over the state’s government in form and function.
Legislators offered Gov. Phil Murphy a multi-millionaires tax, which Murphy, married to the millionaires tax he campaigned on, turned down on the penultimate day before the July 1 budget deadline.
“I am bitterly disappointed that we were unable to reach an agreement with the governor today,” Assembly Speaker Craig Coughlin said.
The impasse will result in an embarrassing government shutdown is coming to the Democrat-controlled legislature and freshman Democratic governor.
Lawmakers have warred in recent weeks over how to fund the ambitious – and costly – progressive policies sought by the freshman governor.
“He wants to run the clock, I guess he feels if there’s a lot of pressure he’ll get his way,” said Senate President Steve Sweeney.
It will be the state’s second shutdown in as many years.
Legislators still have Saturday to try to work on a deal, but the Senate has cancelled its Saturday session, and won’t be able to vote on a solution until Monday, at the earliest.