Home » Opinion » Editorials
State budget cuts: Reality catches up with rhetoric
That is not hyperbole. Looking at House revenue estimates, Rayno reported that Hassan's budget spends between $100 million and $150 million more than the House believes the state will have in the next budget cycle. Right now, it looks like the state is heading for another dreaded game of Cut The Budget After Overestimating Revenues.
Hassan most famously counts on $80 million in casino licensing revenue from casinos that do not exist and might never be created. The word in Concord is that the House, which has never approved a slot-machine casino, remains unlikely to do so this year. But that is not the end of Hassan's wishful budgeting.
She counts on the Legislature raising the tobacco tax by 30 cents, on hospitals paying more in Medicaid enhancement tax revenue than they have been willing to pay in the last few years, and on about $47 million in other revenue that House experts say probably will not materialize.
Rayno reported that House Finance Committee Chairman Mary Jane Wallner, D-Concord, said she is looking for "savings" in the budget. That means cuts. When Mary Jane Wallner wants to cut your budget, you can be dead certain about one thing: the money just is not there.
It is only March, and already Hassan's lofty promises of "restoring" funding cut by the previous Legislature are meeting the hard revenue reality. As John Lynch did before her, she has tried to delay the inevitable cuts by projecting rosy revenue figures. But the cuts will have to come. They always do.
READER COMMENTS: 5
- USNH's raw deal: Part deux - 2
- Every vote counts: Here is the proof - 5
- Burning rubber: And public dollars - 0
- Hassan was right: 'Bullying' bill goes too far - 12
- Strategery: A war by any other name - 28
- Freeh dumb: Favoritism in Vt.? - 6
- Public be damned: Litchfield latest example - 2
- NH's 9/11 victims: We cannot forget - 0
- Celebrating Stark: And America, in Manchester - 0
READER COMMENTS: 2
- Kuster, Shea-Porter split on vote to arm Syrian rebels - 0
- Man arrested in White Park stabbing in Concord - 0
- Motorcyclist in serious condition at Maine hospital following crash on Route 125 in Rochester - 0
- Rochester 10-year-old, grandmother escape fire in home with no smoke detectors - 0
- Two arrested, car and cash seized in SWAT raid, drug bust at South Mammoth Road home in Manchester - 3
- Dean Kamen is a genius inventor, and he's pretty good at oratory, too - 4
- Tom Herzig's Trackside: Modified tour is shortened - 0
- Patriots Notebook: Pats wary of veteran playmaker Woodson - 0
- College Football: Expect offense when Richmond, UNH meet - 0
Two arrested, car and cash seized in SWAT raid, drug bust at South Mammoth Road home in Manchester
Keene man charged with assault on 2-year-old
Another View -- Bill Duncan: What did the NH Supreme Court really say about private school funding?
Every vote counts: Here is the proof
Casino gambles: Hopes dashed all over
Mark Hayward's City Matters: Dean Kamen is a genius inventor, and he's pretty good at oratory, too