NH House Republican Leader Comments on $76m FY13 surplus

CONCORD – New Hampshire House Republican Leader Gene Chandler (R-Bartlett) offered the following comments in reaction to the announcement of a $76million surplus from fiscal year 2013, part of the budget passed by the Republican legislative majority in 2011.

House Republican Leader Gene Chandler (R-Bartlett)

“Despite the criticism and malignment, the budget passed by the Republican legislative majority last term has paid dividends. Sound fiscal management through spending and tax reforms helped keep our state on solid footing through tough economic times. Thankfully, the budget we passed that took effect this year mirrors many of the important provisions of the previous budget, including no new taxes or fees, something Republicans fought for throughout the budget process.”

“Even with the good news, we mustn’t rush into a spending spree. We will have a thorough discussion on how to best apply these surplus funds that will best serve the needs of our state, it’s people and our fiscal health.”