Gov. Phil Scott on Thursday laid out numerous budget priorities for Vermont ranging from a vaping tax and clean water funding to electric vehicles and Act 250 exemptions for developers.
The U.S. Government Accountability Office’s (GAO) year-end review of the fiscal health of states and local governments paints a grim picture for 2019.
But aside from entitlements, McConnell and his colleagues have a critical opportunity to restrain spending right now by preserving the budget caps, which were put in place by the Budget Control Act of 2011.
The federal deficit rose 20 percent due primarily to an increase in spending, the Congressional Budget Office reported Tuesday.
The great tax and spending deadlock of 2018 is now over. Gov. Scott, after a hectic month of thrust and counterthrust with the Democratic House and Senate, got most of what he wanted.
It’s too early to know if the Senate’s budget compromise will survive. But it’s a good faith effort that deserves consideration. Most important, it keeps the homestead rate flat. It’s worth being adopted by the House and signed into law by the governor. It’s time to move on.
The Democrats would get the needed pay-down of pensions liabilities they want and successfully avoid the use of one-time funds for ongoing education expenses. Scott and the Republicans could legitimately claim that, when you balance the tax increase with the tax rebate check, they did not raise taxes.
House lawmakers on Tuesday voted 90-51 on the governor’s second budget veto, falling short of an override and giving state leaders a week and a half to find an agreement or face a government shutdown.
Gov. Phil Scott yet again vetoed the state budget, leaving just about two weeks left before there could be a government shutdown if no deal is reached.
Another budget was passed by the General Assembly last week and is on its way to the governor’s desk, but it’s most likely destined for another veto unless lawmakers quickly find acceptable compromises.
A budget bill similar to what has already fallen once to Gov. Phil Scott’s veto pen has been passed again out of the House, by an 80-to-43 count, and is headed to the Senate chamber to be taken up on Thursday afternoon.