I just came across an interesting analysis on Schmudget on the House supplemental (PSHB 1694) from the Budget and Policy Center. It led me to take a second look at the House supplemental – so I thought I’d pass it on…
The House Ways and Means Committee will hear the House Democrats’ supplemental budget proposal (PSHB 1694) this afternoon.
Three important things to note:
- The House proposal does not assume any maintenance level changes, making comparisons with the Governor’s proposal potentially misleading.
- The House proposal reduces the current budget by $172 million more than the Governor’s supplemental budget.
- Both budgets assume the same level of federal stimulus money (assumptions that may be too low given recent developments in D.C.); the House proposal assumes less total federal contribution.
