State Rep. Ross Hunter and fellow Democrats laid out their draft operating budget today, slashing education and health care funding to bridge a $5.3 billion shortfall over 27 months without new taxes.
Find links to the document here.
We’ll have more details later. The capital-projects budget also is due at 1 p.m. at the same legislative web site.
As outlined in a briefing sheet from House Democrats, the budget includes $4.4 billion in cuts or spending reductions. It preserves funding for the Apple Health children’s insurance program and for levy aid to tax-poor public school districts, and it makes cuts but does not eliminate the state’s Basic Health Plan for the working poor.
But it assumes a $482 million cut in funding for higher education (before tuition increases are added) and $362 million in savings by passage of a bill to end automatic cost-of-living pension increases for Plan 1 participants. It also assumes $177 million in general fund savings from pay cuts the governor sought from state employees.