“One of the most expensive campaigns in state history is now bankrupt. Ex-Goldman Sachs banker Phil Murphy’s campaign has shown a stunningly poor ability to manage money in this campaign. If he can’t handle the rigors of the election, then how can he handle the state budget? Like Goldman Sachs, he’s mismanaged his finances and now needs a state bailout to get him through the fall election.

“Phil Murphy spent all his money to buy the party bosses rather than spending to take his message directly to the voters.

“It should send shivers down the backs of the political establishment that Phil is now taking public finances. How will he manage the smaller amount of money in the summer and fall when he hasn’t been able to galvanize the support of the majority of democrats given that he is spending over $20 million?”