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Thursday
Feb142013

NHGOP COMMENTS ON PLAN TO INCLUDE GAMBLING LICENSING REVENUE IN BUDGET

Concord, NH- New Hampshire Republican State Committee Chairman Jennifer Horn released the following statement on reports that Governor Maggie Hassan plans to include gambling licensing revenue in her FY 2014 and FY 2015 budget:

"By counting on highly speculative gambling revenues to balance the state budget, Governor Hassan is constructing a fiscally irresponsible house of cards that could collapse at any moment. Gambling has always faced difficult odds and bipartisan opposition in the New Hampshire Legislature that has resulted in the defeat of numerous bills. Governor Hassan doesn’t know if similar attempts to approve gambling will fare differently this year, yet for some reason she wants to include this uncertain revenue in her budget.

"Governor Hassan is trying to use casino licensing fees to inflate her revenue estimates and create a budget that will be $80 million out of balance if gambling fails to win support from the legislature. She is trying to present an unrealistic plan that will get her through her speech tomorrow, but won’t set New Hampshire on a path towards responsible governing in the long run.

"Granite Staters deserve a budget proposal from their governor that is balanced and doesn’t rely on gimmicks and speculative revenue assumptions. Governor Hassan needs to present a fiscally responsible plan tomorrow that is realistic and won’t put New Hampshire on a path towards a shortfall."

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