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NJ passes budget, hiking taxes on rich, OK'ing borrowing

by Associated Press
| September 24, 2020 11:27 AM

TRENTON, N.J. (AP) — New Jersey lawmakers on Thursday passed a $32.7 billion budget, hiking taxes on millionaires and businesses and authorizing borrowing of up to $4.5 billion to avoid painful cuts stemming from the impact of the coronavirus pandemic.

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