Compromise budget holds down spending, drawing veto threat - THE JOSIAH BARTLETT CENTER FOR PUBLIC POLICY
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Compromise budget holds down spending, drawing veto threat - THE JOSIAH BARTLETT CENTER FOR PUBLIC POLICY
The Committee of Conference budget released on Thursday spends $6.34 billion from the General and Education Trust Funds, which represent the portion of the state budget funded by state tax revenues. That’s a $91 million, or 1.45%, increase over the previous state budget as passed. Legislators make spending adjustments throughout the budget cycle, as revenues rise and fall, so the appropriated budget is not the same as what was actually spent. I…
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