Republican Leaders Ask for Specifics in Democrats’ Call for Higher Taxes and Borrowing

CONCORD – House Republican leaders, including House Speaker William O’Brien (R-Mont Vernon), House Majority Leader D.J. Bettencourt (R-Salem) and Ways and Means Committee Chairman Stephen Stepanek (R-Amherst) called for Democrats to point out what taxes and fees they would raise and how much more they would borrow to pay for the spending that they have called for in the coming budget.  Recently, House Democrat leaders and Governor Lynch have called for additional spending in the state fiscal year 2012-2013 budget.


House Majority Leader D.J. Bettencourt

“Over the past several days, Democrats have called for an end to the fiscally responsible belt tightening necessary to cure the hangover of the spending binge that they put us through the past four years.  While they have made clear that, as the party of big government, the Democrats want more spending, they have yet to point out which taxes and fees they would raise to pay for this additional spending, or if they would rather further jeopardize our state’s bond rating by borrowing even more from our children and grandchildren to pay for the spending now.” 

“After the Democrats left our state’s finances in ruins, New Hampshire voters knew they needed to elect some responsible adults to clean up the mess, which is exactly why Republicans have supermajorities across state government.  Despite the crystal clear message that the citizens sent last November, the Democrats want to continue the same tax, borrow and spend strategy that the public resoundingly rejected.”

House Speaker William O’Brien

“The House budget includes $47 million that was set aside to close the gaping hole in the current budget that was a result of the last round of inflated revenues.  That’s exactly why House leadership demanded that our budget use realistic revenue figures, and that’s just what we do.  We can’t continue to “look to the sky” for more money – that is a failed strategy that we will not repeat.”

“While it is a perfectly reasonable policy debate for others to suggest that the budget should spend more money, those who want to spend more need to show what taxes and fees they would raise on the working families and small businesses of the state.  Until and unless anyone who is calling for more spending produces a list of new and increased taxes and fees or increased borrowing to pay for bigger government, they are simply not being serious or honest with the public.”

House Ways and Means Chairman Stephen Stepanek

“With only slight variations, Democrats on the Ways and Means Committee and the state agencies agree with our approved revenue projections for the next two years.  As a consequence, more spending requires more taxing or borrowing if the legislature is going to meet its statutory obligation to present a balanced budget.  Just how much more do they want to borrow?  What new or increased taxes do they have in mind?”