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NH Revenues Decline and Caseloads Rise
“The impacts of the global economic recession are part of every discussion in the Senate Finance and Ways and Means Committees as we push to have committee votes at the end of May,” reports NH State Senator Bob Odell in this week’s Capital Comments. “Dealing with the economy’s impact on revenues and expenses complicates the budget process.” And as revenues decline, “caseloads of those who utilize services provided by the state are rising,” notes Odell. “The dilemma for legislators will be to secure revenues to pay the state’s share of these programs with the other funds coming from the federal government. It is tough to cut costs when we have an obligation to those who meet an income or medical criteria and thus qualify for assistance.” Odell also discusses the situation facing area auto dealers and the auto dealer protection law (SB 153) that Governor John Lynch signed last week. Read more in this week’s Capital Comments…
Related article: Lynch signs auto dealer protection into law (UnionLeader.com)
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Filed under: Capital Comments, Commerce, Government, Politics & Public Policy Tagged: | John Lynch