Maine lawmakers briefed on new budget gap

Posted April 24, 2009, at 9:18 a.m.

AUGUSTA, Maine — Ranking Maine lawmakers are being told they are likely to face a new budget gap approaching $600 million.

Associated Press sources in the Legislature and the Baldacci administration say the current working supposition is $575 million — that’s the likely new hole in what now in a pending $6 billion-plus two-year general fund spending blueprint.

Gov. John Baldacci’s budget chief, Ryan Low, was scheduled to address the Appropriations Committee Friday.

Formal action by a state panel to lower current revenue projections is scheduled next week.

Story continues below advertisement.

The Baldacci budget bill as it stands now seeks to cover an original gap of about $340 million, according to a legislative staff analysis.

The new shortfall would come on top of that.

Recommend this article


Similar Articles

More in Politics