Josiah Bartlett Center - A State Budget Preview; Revenue Estimates Key

Weekly Update from the
Josiah Bartlett Center

Keeping you up to date on our latest research
on the issues impacting New Hampshire

Wednesday, the Governor presented her budget to the Legislature. Every program and priority of the administration is part of the budget. The discussions and negotiations over those priorities include dozens of decisions that must balance revenue estimates and spending priorities.

The most important and difficult debate will occur over revenue estimates. The federal government may have carte blanche to spend as much money as it can print or borrow, but spending at the state level is limited to the amount lawmakers estimate they will be able to raise. For decades, spending committees anxiously await the result of the Ways and Means Committee’s prognostication of how much each tax will raise... Click here to keep reading.