Showing posts with label state budget. Show all posts
Showing posts with label state budget. Show all posts
Friday, October 29, 2010
Monday, August 30, 2010
Wednesday, March 31, 2010
Monday, March 22, 2010
Thursday, March 11, 2010
Thursday, March 4, 2010
Maine’s Baldacci plan eases budget cuts | Kennebec Journal
Despite increased revenues,
next year will still see reductions
Click on the link for the rest of today’s story by Susan Cover of the Kennebec Journal.
next year will still see reductions
AUGUSTA – Gov. John Baldacci proposed to alleviate some of the deepest cuts in the state budget Wednesday by providing additional funds to support human services and education.
A revised state revenue forecast that projects a $51 million increase in receipts this fiscal year and next, and additional federal money, combined to give the governor and the Legislature $78.7 million of breathing room.
“Despite today’s good news, we know that our economy is fragile and recovery is far from certain,” Baldacci said during a news conference in his office.
Baldacci continued to characterize state spending as frugal, saying the current two-year budget will be $5.6 billion – a modest increase from his first budget, seven years ago, that was $5.4 billion.
Even with the increased revenue, state lawmakers face a $360 million shortfall.
Click on the link for the rest of today’s story by Susan Cover of the Kennebec Journal.
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