Joint Fiscal Office lowers budget gap projection to $46 million
Klein said Medicaid costs were $16 million less than expected and assumptions for the budget adjustment were $13 million lower than anticipated.
Universal health care plan could save $1.834 billion
Steve Klein, of the Joint Fiscal Office, said one of the primary goals of the report was to “put a stake in the ground for baseline growth.” Without reform, medical spending will go up 7 percent a year.
Economist says state revenues on target after Irene; Budget gap widens to $80 million
Tax receipts in all areas have remained steady this year in spite of the turbulent national economy, but expenditures are still expected to exceed revenues.
Bartlett: Why are we rushing to a vote on Vermont Yankee?
For Immediate Release 2/21/10 Susan Bartlett for Governor PO Box 70, Hyde Park, VT 05655 Contact: Susan Bartlett 888-5591 or John Bauer 279-7222 Holding a vote on Wednesday means we will ignore the thoughtful, methodical process we already have in place to consider the facts. It means that 30 people instead of 180 people will [...]
Vermont News Guy: Lawmakers sure aren’t in it for the money
Even for the most frugal, the reimbursement rates don’t appear to provide an opportunity for lawmakers to rake in big bucks.
Vermont’s deficit: How bad is it? Vtdigger.org brings you video + analysis
Stephen Klein, chief fiscal officer of the Joint Fiscal Office, told lawmakers they need to cut about 20 percent of state spending by 2012.
Budget changes reveal pressures on state services
The state is seeing an increase of about $5 million in additional, ongoing program expenditures this year as a result of the economic downturn.
