Washington Times on October 30: Nebraska lawmakers could face ‘extremely lean’ 2016 session
LINCOLN, Neb. (AP) – Nebraska state government could face a financial squeeze in next year’s legislative session, forcing lawmakers and Gov. Pete Ricketts to trim from the budget or find money elsewhere.
New revenue estimates approved Friday by the Nebraska Economic Forecasting Advisory Board will create a projected $132 million shortfall in the two-year, $8.7 billion budget that was approved earlier this year.
The estimates could complicate efforts to pass major tax cuts or new spending priorities during the session that begins on Jan. 6.