Gov. Hassan to deliver spending plan Thursday
CONCORD (AP) - Gov. Maggie Hassan's two-year budget proposal is her chance to put the money behind policy proposals she outlined in January but just how she plans to pay for those ideas is sure to spark political wrangling.
Hassan delivers her spending plan at 1 p.m. Thursday to a joint session of the Legislature.
She has said New Hampshire's fragile economic situation is linked to stagnant revenues. Changes to the capital gains and interests and dividends taxes, proposed by Democratic lawmakers, are two options for possibly bringing in new revenue.
But Republicans who lead both chambers of the Legislature say the state simply spends too much.
The budget address will show whether Hassan, a Democrat, plans to battle with Republicans or come up with proposals that are likely to gather bipartisan support.
See Hassan's spending plan live on NH1 News on WBIN-TV at 1 p.m.