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Governor s office
Gov. Chris Sununu presented his two-year spending plan Thursday, a $13.8 billion package that proposes sweeping tax reductions and a series of what the governor called generational investments in the state.
The budget plan, which would increase state general fund spending by 7% over the current budget, includes a handful of new proposals, like the creation of a state Department of Energy and the merger of New Hampshire’s public higher education systems, as well as cuts to several of the state’s major revenue sources. Sununu, a Republican overwhelmingly re-elected to a third term in November, described the overall proposal as a balanced approach to meeting the state’s financial needs in a time of economic uncertainty.