State Budget

Dennis Delay / New Hampshire Center For Public Policy Studies

Yesterday, StateImpact liveblogged the Joint Economic Session.  Members of the House and Senate Finance and Ways and Means Committees gathered for hours to hear economists offer projections on where the global, national, and state economies are headed in 2012.

On first glance, New Hampshire’s November revenue numbers look terrible.

For the month, the state is $57 million dollars in the hole.

But NHPR’s Dan Gorenstein reports, there may be room for optimism.

You’d think, given November’s shortfall, Administrative Services Commissioner Linda Hodgdon would be alarmed.

But Hodgdon, the head of what is effectively the state’s finance office, is actually pretty bullish about last month’s report.

A minor bill to make technical corrections to the budget has caused a rift between Senate and House Republican leadership. The Senate President says the House’s actions yesterday will cost taxpayers several million dollars.

On Wednesday House lawmakers approved a bill that reduces the number of people of eligible for welfare assistance.

The change would save the state about a half a million dollars a month.

The Senate was on board with that move.

But then the House added a completely unrelated amendment, which puts the bill in limbo.

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