House to take up 2-year budget

The Associated Press
Posted June 15, 2011, at 12:45 p.m.

AUGUSTA, Maine — As they work toward wrapping up this year’s session, Maine lawmakers are taking up a state budget that encompasses many of the policy changes Gov. Paul LePage has proposed, including pension rollbacks and tax breaks.

The governor’s $6.1 billion budget covering the two years starting July 1 is on the House’s agenda Wednesday, awaiting votes on amendments to the spending blueprint. The budget’s chances of passage are enhanced by the Appropriations Committee’s unanimous, bipartisan support.

It includes a one-year freeze on increases in state worker pensions and limiting annual cost-of-living increases in the state retirement system to 3 percent.

The budget also calls for $150 million in tax cuts, lower than the $203 million initially sought by LePage. They include changes in income tax rates and some business tax cuts.

 

http://bangordailynews.com/2011/06/15/politics/house-to-take-up-2-year-budget/ printed on July 29, 2014