The New Hampshire Senate
Senate Finance Chairman Chuck Morse (R-Salem) issued the following statement today after House passage of HB1 and HB2, the biennial budget bills:
“While it represents an improvement over the Governor’s original budget submission, the House’s budget still increases spending by nearly a billion dollars while relying on inflated revenues. Between inflated Medicaid Enhancement Tax (MET) revenues – which were criticized by the state’s hospitals – as well as increases in the gas tax, tobacco tax and others, the House budget looks to spend millions of dollars in revenues the Senate will not approve and the state should not expect. I also have concerns with a number of policies included in the House budget, such as allowing the Governor significant latitude to raid dedicated funds as well as the suspensions of the newly enacted school building aid program and job-fostering business tax reductions.
“Beginning next week, Senate Finance will take a fresh look at the budget in an effort to create a document that funds state government within our means while protecting the reforms implemented last session. At this time, one thing the House can do to make that process slightly easier would be to take up and pass SB152, which would provide the state with millions in non-tax revenue allowing us to fund our priorities, from education to infrastructure, without increasing taxes on New Hampshire citizens.”