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Thursday, July 2, 2009

A $119 million or larger hole in the budget?

Foster's editorial page notices the growing hole in the state's current budget, less than two days after it went into effect:

A $11.5 billion budget was passed by the House of Representatives and Senate last week and signed into law by Gov. John Lynch Tuesday. Monday, a Superior Court judge froze $110 million budgeted as revenue pending a hearing on a claim by the New Hampshire Medical Malpractice Joint Underwriting Association. Tuesday, another Superior Court judge froze $9 million to which the New Hampshire Health Care Association is laying claim. The plaintiffs in each of the cases say the money is not the state's to spend; in one instance that there is money belonging to present and past policyholders and in the other that the $9 million belongs to New Hampshire's nursing homes.

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