Taxes Back to Jerseyans, Markets Back to the 70s 6/30/22

Americans are feeling the pain caused by inflation, but New Jersey is hoping to help its residents with an historically large budget plan. Governor Phil Murphy (D-NJ) discusses how Jersey’s rebate will alleviate some of the pain, from property taxes to back-to-school supplies. The markets are set to close on the worst first half in more than 50 years. The Dow and S&P 500 are on track for their worst three-month period since Q1 of 2020, and the Nasdaq is on its worst run since 2008. Plus, drama escalates in the Spirit Airlines boardroom. In this episode: Joe Kernen, @JoeSquawk Melissa Lee @MelissaLeeCNBC Andrew Ross Sorkin, @Andrewrsorkin Katie Kramer, @Kramer_Katie Gov Phil Murphy @GovMurphy