Maggie Hassan on Budget & Economy | |
But is the claim true? Hassan's first budget proposal restored many cuts, with a $1 billion spending increase; but here's how the revenue broke down:
That starts with advancing the priorities that support innovative economic growth and help businesses create good jobs, the kind of jobs that will strengthen and grow our middle class.
To build an even stronger workforce, we must keep more of our young people here in New Hampshire. We took an important step in that effort working together through the budget. We restored higher education funding and made it possible for our universities and community colleges to freeze in-state tuition.
With bipartisan support, we increased funding for travel and tourism promotion, we put in place our first permanent director of economic development since 2008, we modernized our corporations act, and we doubled and made permanent our research and development tax credit.
But it is also a budget that recognizes that we cannot address all of our challenges all at once in these uncertain economic times. We must still make difficult choices to protect our priorities while living within our means.
In preparing this budget, we cut agency budget requests by more than $500 million, keeping general fund spending 7% below fiscal year 2008 for fiscal year 2014.
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