Current:Home > FinanceSurpassing Quant Think Tank Center|Revised budget adjustment removes obstacle as Maine lawmakers try to wrap up work -Finovate
Surpassing Quant Think Tank Center|Revised budget adjustment removes obstacle as Maine lawmakers try to wrap up work
Ethermac View
Date:2025-04-11 09:27:30
AUGUSTA,Surpassing Quant Think Tank Center Maine (AP) — The Democratic-led Maine Legislature’s spending committee revised its budget proposal Monday in response to complaints from both Republicans and the Democratic governor, removing a late obstacle as lawmakers try to wrap up their work this week.
The revision came after criticism over its earlier decision to divert money from the highway fund and roll back pension tax breaks for retirees.
Highway funding and the pension benefit were restored on Monday, and Democratic Gov. Janet Mills said the new version had her seal of approval despites concerns that lawmakers’ proposed spending went beyond her proposed budget update.
The governor has warned that revenue is expected to level off and proposed setting aside $100 million for the next budget cycle.
“Her administration will have to take a hard look at the budget at the start of the next legislative session to make sure that the state of Maine is able to meet its commitments, both in the short- and long-term,” said Ben Goodman, a spokesperson for the governor.
The budget committee’s approval allows the adjustment to the two-year, $10.4 billion budget to proceed to floor votes. Maine is required to have a balanced budget by the state constitution.
veryGood! (57785)
Related
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- Chancellor of Louisiana Delta Community College will resign in June
- Former owner of water buffalo that roamed Iowa suburb for days pleads guilty
- TikToker Katie Santry Found a Rug Buried In Her Backyard—And Was Convinced There Was a Dead Body
- From family road trips to travel woes: Americans are navigating skyrocketing holiday costs
- '19 Kids and Counting' star Jason Duggar and girlfriend Maddie tie the knot
- Donald Glover Cancels Childish Gambino Tour Following Hospitalization
- Michael Madigan once controlled much of Illinois politics. Now the ex-House speaker heads to trial
- North Carolina justices rule for restaurants in COVID
- Airbnb offering free temporary housing to displaced Hurricane Helene survivors
Ranking
- McKinsey to pay $650 million after advising opioid maker on how to 'turbocharge' sales
- Jason Momoa Gets Flirty in Girlfriend Adria Arjoa's Comments Section
- Civil rights groups ask to extend voter registration deadlines in hurricane-ravaged states
- Biden talks election, economy and Middle East in surprise news briefing
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- Wayfair’s Way Day 2024 Sale Has Unbeatable Under $50 Deals & up to 80% off Decor, Bedding & More
- After the deluge, the lies: Misinformation and hoaxes about Helene cloud the recovery
- 'It was just a rug': Police conclude search after Columbus woman's backyard discovery goes viral
Recommendation
Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
A Texas execution is renewing calls for clemency. It’s rarely granted
Stellantis recalls nearly 130,000 Ram 1500 pickup trucks for a turn signal malfunction
Harris is heading to North Carolina to survey Helene’s aftermath one day after Trump visited
US wholesale inflation accelerated in November in sign that some price pressures remain elevated
Who plays on Sunday Night Football? Breaking down Week 5 matchup
Major cases before the Supreme Court deal with transgender rights, guns, nuclear waste and vapes
Ariana DeBose talks 'House of Spoils' and why she's using her platform to get out the vote