Business Tax Giveaways Would Cost More Than Continuing Medicaid Expansion
Concord, N.H. – Republicans on the Senate Finance Committee voted today to give big businesses more tax giveaways while making small businesses and middle class families pay the price.
Senate Republicans’ big business tax giveaways would cost $15 million in the next biennium, which is more than the cost of continuing the state’s successful Medicaid expansion program for 40,000 Granite Staters.
Not to mention that Senate Republicans have also proposed cutting more than $3 million from the Governor’s proposal for substance misuse treatment and defunding the state’s landmark mental health settlement.
“Senate Republicans are putting their majority at risk as they vote for more big business tax giveaways while cutting critical economic priorities and threatening health coverage for 40,000 Granite Staters,” said New Hampshire Democratic Party Chair Ray Buckley. “From cutting funding for substance misuse treatment to refusing to continue New Hampshire’s successful Medicaid expansion program, Senate Republicans’ budget proposal would hurt the health and economic wellbeing of our communities and undermine the state’s ability to lay the foundation of a new generation of economic growth.”