Shovel ready: A $50 billion gov’t bank
The Union Leader blasts the Obama Administration’s plan for another $50 billion stimulus even as the last stimulus package is still failing to live up to its promises.
Read More>>Orwellian ‘ethics’: Pelham needs a lesson
The Union Leader blasts a Pelham School Board member for her rather ridiculous idea that a majority vote of the board should force the minority into silence.
Read More>>State revenues up slightly for fiscal year’s first 2 months
The Union Leader reports that a robust August offset a slow July in state revenues.
Read More>>Catherine Provencher- New Hampshire carries very low levels of debt
State Treasurer Catherine Provencher has a column in the print edition of this morning’s Union Leader on New Hampshire debt. I highly recommend it to anyone interested in the finances behind New Hampshire government.
Read More>>Ski free: No helmet law here
The Union Leader hopes that the Nanny State doesn’t make it to New Hampshire ski slopes.
Read More>>Stimulating hope: Biden’s summer school
The Union Leader tweaks Vice President Joe Biden for touting the weatherization boondoggle yesterday in New Hampshire.
Read More>>Joseph W. McQuaid: Losing our advantage
Union Leader Publisher Joe McQuaid takes to the front page to argue that New Hampshire is losing its economic advantage.
Read More>>Panel hears creative options for closing state budget hole
Tom Fahey reports in the Union Leader that the panel charged with finding $60 million in state assets to sell is considering all sorts of idea.
Read More>>Bodi’s hearing: Lynch’s kangaroo court
The Union Leader is more than a little skeptical that Liquor Commissioner Mark Bodi will get a fair hearing before the Executive Council, unless Governor John Lynch steps aside from presiding over it.
Read More>>Accounting Gimmicks Hide Real State Spending From Us
By Charles M. Arlinghaus
From the print edition of the Union Leader
I’ve been telling you for months that we have a budget crisis because we spent money we don’t have yet the governor is running around the state claiming he cut spending. Surely one of us is lying, right? Actually, no. The use of a number of clever accounting gimmicks makes calculating spending more confusing than it needs to be.
Governor Lynch will tell people over the next few months that he cut general fund spending by six tenths of a percent. Yet, I’ve been telling people we have a problem because basic state spending increased by $600 million over four years when revenues declined by $100 million. The difference between those two statements defines our fiscal problem.
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