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GOMB Holds Conference Call to Discuss State Budget

The Governor’s Office of Management and Budget held a briefing today to discuss the consequences of the General Assembly adjourning without passing a balanced budget with reforms on Friday. GOMB Director Tim Nuding said in a conference call with the press how after further analysis of the proposed budget that passed the state house on Wednesday, that the seven billion dollar deficit figure was indeed accurate.

 

 

Nuding also addressed the notion that the governor’s office could veto the proposed budget should it reach his desk, and balance the budget through the use of veto powers, stating how that was a myth.

 

 

Nuding went on to talk about how there are some areas of the state budget that the governor’s office doesn’t have the power to cut costs. Some of those areas included payment of debt service on bonds, medicade, and pension contributions. 

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