Frank McCarthy: The truth behind the budget veto

Spending has skyrocketed. The Democratic leadership of the county delegation has already increased county spending by 13 percent. Add to that the 12.6 percent increase in the proposed state budget and it equals a combined total in excess of 26 percent in government spending, in just one year. Unsustainable. Don’t listen to the hyperbole, here are the facts, in the governor’s own words.

“New Hampshire has built a thriving economy that is the envy of the Northeast, as a result of 2017 efforts to lower the tax burden on employers and engage in smart regulatory reform. The lower taxation resulted in more than a half-billion dollars in surplus revenue. In addition, my first budget exhibited disciplined fiscal restraint by using targeted, one-time investments for the state’s most pressing needs. The Legislature’s proposed budget reverses this winning formula in a manner that both threatens the state’s economic growth and leaves the next Legislature with a massive fiscal deficit, as it did in 2010. This budget takes us down the wrong path and the people will never support it.