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Thursday
Aug072014

NH Republican Senators respond to July Revenues 

The New Hampshire Senate

Republican Majority Office

 

Concord, NH – Senate Finance Chair Jeanie Forrester (R-Meredith) said “While we have an idea of the State’s revenue picture for fiscal year 2014, we are still in the dark as to where the State stands on the expense side of the ledger.  I share the Governor’s concerns that our budget remains balanced and reiterate my previous request for a spending update on the status of our expenses for fiscal year 2014, including by how much state agencies overspent their budgets last year. In order to keep our budget balanced, we must diligently keep spending in check. 

“I was proud to stand up for our overtaxed, over-regulated business community by reforming our interest and dividends tax and our business taxes.  As part of our balanced budget, we made job creation a priority. 

“Thankfully, the conservative revenue estimates we adopted last year saved us from the huge budget deficit we would be facing had we agreed with the Governor’s estimates.” 

Senator Majority Leader Jeb Bradley (R-Wolfeboro) added, “This is not a result of creating business incentives to grow jobs.  This is the result of the Governor filling every vacant position and, we assume, not meeting budget reduction targets since she refuses to release them. “

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