The Democrat leadership here in NH (Governor, Executive Council, House, Senate) have increased the spending here in NH by $1.2 Billion the last two budgets -> 17.5% the first time and an additional 12% this last time around. Not only did they crow about a "responsible budget" but had no qualms about revenue projections that, to be tame, are just simply out of this world (I had other words in mind, but this is supposed to be a family friendly blog).
One of the folks in the State that know the Budget best is Charlie Arlinghaus – the President of the Josiah Bartlett Center for Public Policy. NH Watchdog posted his latest thought; I’ve set up a summary of the "no good news at all" here:
- Their "balanced budget" they passed is now out of balance by $250 million.
- Their "money grab" of $110 million from the JUA (medical malpractice trust fund) they were counting on got stopped dead by the Courts.
- STIMULUS MONEY – but of course! $18 million worth – plugging holes and STIMULATING nothing.
- "Finally, revenues are coming in well below the amount needed to balance the budget."- " on pace to be $60 million to $70 million less than budgeted"
- Layoffs filled a $25 million
- Education funding – staring at the budget with a very evil eye
- How much is that HealthFirst going to work out?
The Dems have already started the play with a "tax summit" – you know that they know they’re in deep sneakers and will be looking for the eternal easy way out for them: taxpayers? Money? Sure – ATM time! Thanks Gov. Lynch (D), House Speaker Norelli (D), and SenatePresident Larsen (D)
Unlike companies that cannot just up prices to meet shortfalls, these chuckleheads won’t think of reducing overhead – instead, any cuts will be to direct taxpayer services to get the howling up. Apologize for mismanagement – not these clowns!
Like Glenn Reynolds oft times says: "We’re in the BEST of hands"!
Charlie, thanks for spreading the gloom and doom and giving us the dreadful outlook…..
Oy!
Find Skip
Add Skip
Email Skip
Leave a Comment