Tom Fahey leads off his Under the State House Dome column in the Union Leader with the battle between the legislature and plaintiffs from the Joint Underwriting Association:
McGuire said JUA "is not part of the executive branch of state government. Rather, it is akin to the New Hampshire Retirement System which the New Hampshire Supreme Court has held is an independent entity rather than an executive department or agency. If the JAU isn't part of the executive branch, can a governor dip into its reserves? Good question.
The first impact the standoff hits at the end of July, the date the new budget calls for a transfer of $65 million onto state books for the 2009 fiscal year. Another $45 million is supposed to come out for the 2010 fiscal year.
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