House Republican Leader Statement on House Action on SB415

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CONCORD – House Republican Leader Gene Chandler (R-Bartlett) offered the following statement relative to the House vote on SB415, a bill that would deposit the remaining surplus funds from FY2013 into the Rainy Day fund. Democrats on the Finance committee proposed the bill be sent to interim study. The committee recommendation passed in committee on …

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Chandler: Rebuilding New Hampshire’s Rainy Day Fund Should be a Priority

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by House Republican Leader Rep. Gene Chandler (R-Bartlett) New Hampshire’s Rainy Day Fund – sometimes called the Revenue Stabilization Account  – was drained of $80 million by the Democrat controlled legislature to maintain or increase spending levels, rather than making spending cuts, during the recent recession. Under the 2012-2013 Republican budget, New Hampshire was left …

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House Republican Leader Comments on House Approval of Gas Tax Increase

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CONCORD – House Republican Leader Gene Chandler (R-Bartlett) today offered the following comments relative to the House vote on SB367, a bill that would, in part, raise the gas tax by 23%. The bill passed by a vote of 193-141. House Republican Leader Gene Chandler (R-Bartlett) “Whether or not you support the concept of a …

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House Republican Leader Reacts to S&P Downgrade of State Bond Rating

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CONCORD – House Republican Leader Gene Chandler (R-Bartlett) today offered the following reaction to Standard & Poor’s recent report (attached) revising the outlook from stable to negative on New Hampshire’s general obligation and state-guaranteed bonds citing, “Relatively low reserves, with a rainy day fund balance of less than 1% of expenditures,” and, “Low pension funding …

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House Republican Leader Comments on House Committee Approval of Gas Tax Increase

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CONCORD – House Republican Leader Gene Chandler (R-Bartlett) today offered the following comments relative to the vote of the House Ways & Means and Public Works House committees on SB367, a bill that would, in part, raise the gas tax by 23%. The bill was recommended ought to pass by a vote of 26-11. House …

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