Governor Hassan Reiterates Intention to Veto Fiscally Irresponsible Budget, Supports Continuing Resolution

Statement

Governor Maggie Hassan issued the following statement today after the legislature voted to pass the Committee of Conference budget proposal, as well as a continuing resolution:

"The Republican budget is unbalanced, dishonest about what it funds, and includes unpaid-for corporate tax cuts that create a more than $90 million budget hole in future budgets at the expense of critical economic priorities, and I will veto it when it comes to my desk. While I am not philosophically opposed to business tax cuts, we cannot undermine our economic future and jeopardize priorities such as affordable higher education, access to health care, safe roads and bridges, and combatting the substance misuse crisis facing our state by not paying for those cuts.

"I have repeatedly offered compromises to address the unpaid-for corporate tax cuts, and will continue to do so, but we cannot enact a plan that would create a $90 million dollar hole in future budgets that will undermine our ability to fund the services we all agree are critical to our people, families and businesses.

"Despite our disagreements on the budget, I appreciate the legislature's efforts to pass a continuing resolution, and I will sign this measure to keep state government open. Moving forward, I continue to encourage legislative leadership to return to the table and negotiate in good faith to develop a fiscally responsible, balanced budget, and I remain ready, willing and able to sit down with them at any time to reach a true compromise that builds on our progress of the last two years and honestly supports the priorities that are critical to keeping our economy moving forward."

Source