The Office of Governor-Elect Maggie Hassan
Hassan to Bring People Together to Develop Fiscally Responsible Balanced Budget
CONDORD – Governor-Elect Maggie Hassan called for innovation and fiscal responsibility in approaching the next state budget, and made clear she will bring people together to make the difficult decisions needed to balance the budget while protecting New Hampshire’s priorities during remarks this morning at the opening session of hearings on state agency budget requests for the 2014-2015 fiscal years.
“While we are beginning to see recovery and revenue growth, we will face continued difficult fiscal times in the coming two years,” said Governor-Elect Hassan. “We must be prepared to continue to make tough, fiscally responsible decisions to ensure that we can invest in our priorities, including protecting the health and safety of our citizens and building an innovative economy that will ensure long-term growth.”
Hassan reiterated her call to reverse some of the bad decisions made in the previous budget, including cuts to the university system and community colleges and the laying off of state auditors, but stressed that those decisions can not all be undone at once and that state agencies need to take innovative approaches in tight budget times.
“It is important for all of us to understand that we will not be able to reverse course all at once. We must also remember that innovation is not confined to the private sector. We need to continue innovating in how we provide state services to adapt to economic realities and to reflect changes in how our citizens live and work,” Hassan said.
Hassan said that she will soon send out budget targets to state agencies. The targets will be conservative, she said, representing that the state faces a number of potential challenges, including the possibility of the federal fiscal cliff. Hassan also made clear that she would advance her reform plan to improve the state budget process, including creating a bipartisan Consensus Revenue Estimating Panel.
“Over the next two months, my team and I will be meeting and working closely with state agencies to develop a fiscally responsible and balanced state budget, without an income or a sales tax, that lives within our state’s means, but meets our state’s needs to build an innovative future,” Hassan said.
As Governor, Maggie Hassan will work with members of both parties to develop a fiscally responsible balanced budget that protects New Hampshire’s priorities without an income or sales tax. She will work to implement her “Innovate NH” jobs plan, which focuses on building the best workforce in the country, providing tax credits to businesses, and giving businesses technical assistance to help them create jobs. And Hassan will reach out to legislators and citizens across the states to listen to their ideas for how to keep New Hampshire moving forward.