Maine Gov. Janet Mills says her budget proposal is sound, state's fiscal health is strong
Fox News
According to Gov. Janet Mills, her $10.3 billion budget proposal is sound. Gov. Mills also claims the state's fiscal health is solid enough for "whatever economic challenges may come."
"This budget proposal is strong. It is balanced. It lives within our means. It does not raise taxes. It makes meaningful investments in the things people rely on every day — while maintaining our record high rainy day fund to protect us against an economic downturn," Mills said.
The budget represents a 10% increase over the previous budget. But it's still within the Revenue Forecasting Committee’s projection that the state will take in $10.5 billion over the coming two years, Mills said. The budget proposal leaves the state's rainy day fund untouched at a record high of more than $900 million.
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