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Monday, June 29, 2009

A reckoning delayed: Tough budget choices to come

The Union Leader editorializes that this year's New Hampshire budget makes the state's long-term financial problem worse:

The good news is that we got through the last six months without gambling or a sales or income tax. The bad news, aside from the economy-harming "revenue enhancements," is that the state budget contains fundamental flaws that have not been fixed and that the current leadership in Concord has no intention of fixing.

The most obvious of these problems is the mandate to raise education aid annually regardless of the state's ability to do so. Unless this is changed, the state will have to substantially expand its revenue base or eliminate other core services to fund these increases.

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