State Court Filings Admit Budget “Uncertainty” Threatens Bond Rating, Lynch And Democrat Leadership Still Won’t Consider “Plan B”
CONCORD – As Governor Lynch, Senate President Larsen (D-Concord) and Speaker Norelli (D-Portsmouth) continue to ignore the JUA budget crisis, the State admitted in court papers filed today that the “uncertainty” created by their refusal to develop a “Plan B’ is threatening New Hampshire’s bond rating. According to a motion for an expedited appeal filed with the State Supreme Court, the chaos created by Governor Lynch’s inaction is causing “bond rating agencies that regularly evaluate the State’s finances,” to lose confidence in New Hampshire.
“Governor Lynch, Senate President Larsen and Speaker Norelli need to take their heads out of the sand and finally admit that the State is facing another fiscal crisis created by their irresponsible budget,” said NHGOP Communications Director Ryan Williams. “Their inaction and failure to provide leadership during this crisis is creating uncertainty that threatens New Hampshire’s bond rating and the State’s long-term fiscal stability.”
The State’s court motion also admits that "the Legislature needs as much time as possible... to consider alternative budget reductions and funding options." Despite calls from the Union Leader (8/3), Concord Monitor (8/3), Nashua Telegraph (8/2) and Foster’s Daily Democrat (8/2) to develop a “Plan B,” Lynch and the Democrat Leadership are currently refusing to address the budget crisis. They are even refusing to acknowledge the Superior Court’s recent ruling that blocked their attempted theft of $110 million in private funds from the JUA.
“We have no crisis,” claimed House Finance Chairperson Marjorie Smith (D-Durham) yesterday in an interview with NHPR’s The Exchange. “There is no talk at all that I am aware of [about a ‘Plan B’] because the people who made the decision that this was a legitimate way to proceed continue to believe that it is a legitimate way to proceed...There is no ‘Plan B.’”
Republican leaders in the House and Senate repeatedly warned Governor Lynch that his attempt to steal private money to balance the state budget was unconstitutional and would likely be overturned by the courts. After the Superior Court initially froze the JUA money on June 29, 2009, Republican senate minority leader Peter Bragdon immediately called on the Governor to veto the budget and work on a new plan that excluded the disputed funds. Lynch ignored Bragdon’s warning and signed the Democrats’ irresponsible budget on June 30 – knowing full well that it would be out of balance on day one. Senate President Larsen has also brushed off calls for a special session to address the crisis, saying that she sees “no immediate need,” for it (Larsen Statement, 7/31).