CONCORD – Former New Hampshire Governor and Republican State Committee Chairman John H. Sununu released the following statement today on New Hampshire’s $12 million October revenue shortfall (AP, 11/3). New Hampshire’s revenue collections are almost $38 million below the Democrats’ revenue projections for the current biennium:
“The huge shortfall in October’s revenue collections is another indication of the deception built into Governor Lynch’s disastrous budget. The Democrats’ bloated revenue estimates and reckless spending have forced New Hampshire into a fiscal crisis.
“The Democrats have spent the last few months trying to cover up their budget disaster and distract from their fiscal mismanagement. However these repeated monthly revenue shortfalls, coupled with the irresponsible use one time money and attempted theft of $110 million from the JUA fund, confirm that their budget was one of the most irresponsible budgets in New Hampshire’s history.”