Gov. John Lynch said he will propose up to $60 million in cuts to the state budget tomorrow, and spend the next seven months looking for ways to close the remaining budget gap estimated at $90 million.This is a start, but admittedly not nearly enough to fill the hole facing the next Legislature. I'll be covering the Fiscal Committee's meeting tomorrow morning at the State House.
Lynch would not specify where $50 million to $60 million in cuts will be made, but said layoffs are not part of the plan he will offer the Legislative Fiscal Committee. He said the state will save an estimated $100 million by June through a series of five executive orders he issued since February. He froze hiring, limited out-of-state travel and purchases and cut consulting costs.
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Thursday, November 20, 2008
Lynch proposing limited cuts to budget
Tom Fahey outlines Governor Lynch's proposed budget cuts in this morning's Union Leader: