As expected, Sununu vetoes budget, saying it would kill jobs

Republican Gov. Chris Sununu vetoed a $13 billion two-year state budget on Friday, saying it sets up unsustainable spending expectations and “job killing tax increases” that would put New Hampshire’s booming economy at risk.

The veto was widely expected and came a day after lawmakers approved a continuing resolution to maintain current spending levels for three months starting Monday, the first day of the new fiscal year.

Democrats, who control the Legislature, said the budget provides property tax relief and a boost to education funding while addressing the state’s most pressing problems. But Republicans argued it relies on one-time surplus funds for ongoing expenses and will drive the state toward a broad-based tax.

“Taking out a big mortgage with a one-time bonus from work would be a terrible decision, but that is precisely what this budget does,” Sununu said in his veto message.

Read more: https://www.concordmonitor.com/As-expected-Sununu-vetoes-budget-saying-it-would-kill-jobs-26642051