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Sunday, September 6, 2009

What is Plan B in the scramble for $110 million?

Foster's editorial page asks what will happen if and when the state loses its appeal in the JUA Lawsuit.
Oct. 15 has been set as the date for oral arguments in the state's appeal to the New Hampshire Supreme Court.

If the appeal fails, Gov. John Lynch and the Legislature will have to begin turning over sofa cushions in an attempt to find $110 million in loose change.

The state's claim to a surplus in the malpractice fund sounds like an act of fiscal desperation. If the high court affirms the Superior Court ruling, hide the cookie jar and expect there will be raids on the diminished incomes of struggling men and women throughout the state.

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