January 3, 2008
Committee aims to cut budget
The Joint Select Committee on Future Maine Prosperity, a bipartisan legislative committee, last night unanimously approved a $75 million budget-cutting plan that will seek to lower Maine's income tax.
The plan, proposed by Sen. John Courtney (R-York), calls for the creation of an independent, nine-member commission that would identify the $75 million to be cut, according to a press release from Senate Republicans. The commission's choices would then be subject to an up or down vote in both chambers of the Legislature. The budget savings would be placed in the Maine Tax Relief Fund to lower the state income tax.
The plan, proposed by Sen. John Courtney (R-York), calls for the creation of an independent, nine-member commission that would identify the $75 million to be cut, according to a press release from Senate Republicans. The commission's choices would then be subject to an up or down vote in both chambers of the Legislature. The budget savings would be placed in the Maine Tax Relief Fund to lower the state income tax.
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