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Home ยป News ยป News ยป Sorensen: Republicans Propose Alternatives to Rainy Day Fund Raid
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Sorensen: Republicans Propose Alternatives to Rainy Day Fund Raid

Steve RobinsonBy Steve RobinsonFebruary 11, 20142 Comments2 Mins Read
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745px-MaineStateHouse1AUGUSTA โ€“ The Maine House of Representativesย on Tuesdayย took up LD 1762, the bill that forestalls $40 million in revenue sharing cuts with a $21 million raid on the rainy day fund, a $4 million sweep of the income tax relief fund, and $15 million in revenue surpluses.

Republican lawmakersย offered floor amendmentsย to provide structural alternatives to the budget gap that would not jeopardize the stateโ€™s credit rating or shut the door on future tax relief.

House Minority Leader Ken Fredetteโ€™s floor amendment would task the Governorโ€™s Office of Policy and Management with finding spending reductions to equal the $40 million needed for fiscal year 2015.

โ€œThe tax expenditure task force, which was responsible for closing this $40 million gap and was stacked with liberals, failed to complete its task,โ€ said Rep. Fredette.ย  โ€œOPM, on the other hand, successfully completed its task of finding $35 million in spending cuts.ย  My amendment would give the job to OPM since the majority Democrats and their task force have proven themselves incapable of balancing the budget in a responsible manner.โ€

Rep. Lawrence Lockman (R-Amherst) introduced an amendment that would reduce welfare spending as an alternative to raiding the rainy day fund.

โ€œWhen I talk about reducing the size of state government, some people like to ask me, โ€˜what, specifically, would you cut?โ€™ as if I wonโ€™t have an answer,โ€ said Lockman on the House floor.ย  โ€œWell, hereโ€™s my answer.ย  Here are 25 million answers.ย  And itโ€™s just the tip of the iceberg that is sinking Maineโ€™s economic ship.โ€

Rep. Wayne Parry (R-Arundel) introduced an amendment to give $7 million in property tax relief directly to needy seniors and pay for it with revenue sharing reductions to municipal government.

โ€œDemocrats talk a big game about helping the needy and the elderly, but itโ€™s clear now where their priorities are,โ€ said Parry.

Rep. Dean Cray (R-Palmyra) had a very specific spending cut alternative to raiding Maineโ€™s rainy day fund.ย  His amendment proposed eliminating green energy subsidies to replace $14 million in reductions to the rainy day fund.

Rep. Michael Beaulieu (R-Auburn) introduced an amendment to rework the revenue sharing formula to bring more fairness among Maine cities and towns.

Majority Democrats killed each amendment along party lines.

David Sorensen
Communications Director, Maine House Republicans

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Steve Robinson
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Steve Robinson is the Editor-in-Chief of The Maine Wire. โ€ชHe can be reached by email at [email protected].

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Norman Linnell
Norman Linnell
12 years ago

Fighting for a Convention of States to consider Constitutional Amendments to restore the rights of the People and the States is the only meaningful action that State Legislators can take for the benefit of the citizens of Maine and the other United States !

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Curtis R. Adams
Curtis R. Adams
12 years ago

Remembe when you open the constitution to ammendments the tide can flow both ways.

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