Posts tagged as "Maine"
New Federal Money Helps Fill Maine’s Budget Gap
Thanks to the U.S. Senate passing legislation that will extend enhanced federal medicaid assistance to the states, Governor Baldacci has outlined about $94 million in proposed budget restorations. Maine’s U.S. Senators Olympia Snowe and Susan Collins, as well as U.S. Representatives Michael Michaud and Chellie Pingree all voted in favor of this federal action. According [...]
Times Record Says “Maine Can Do Better”
Great editorial in the Times Record this Thursday: “Yes, it’s good news that a $50 million improvement in state revenues and a $28 million Medicaid windfall allowed Gov. John Baldacci a week ago to lower the state’s budget shortfall by some $78 million. And on Wednesday, the state budget picture brightened even more with the [...]
Maine Can Do Better Reacts to Proposed Supplemental Budget Changes
On March 3rd, Governor Baldacci announced changes to his proposed supplemental budget. While many news reports focused on the restoration of cuts, few focused on the $360 million cuts that still remain. After deep analysis of the supplemental budget changes, it’s clear to Maine Can Do Better that, despite the positive changes, filling the remaining [...]
Proposed state budget would likely cause loss of 7000-10,000 jobs
New analysis reveals that the Governor’s proposed supplemental budget would put thousands of Maine residents in the unemployment line. Using nationally recognized economic modeling, The Maine Center for Economic Policy (MECEP) estimates that between 7,000 and 10,000 jobs would be eliminated if the legislature were to pass the Governor’s proposal. These job losses would be [...]