Nebraska Lawmakers Scramble for $99M to Balance Budget
Omaha News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Nebraska lawmakers face a daunting task: bridging a $125 million budget gap, with only $26 million secured from new revenue measures. Past tax cuts for the wealthy are blamed, while others point to government size as the root cause. Spending cuts and rainy-day fund dip are the focus, with income tax reductions, school funds, and property tax relief off the table. Lawmakers prepare for a challenging journey to avoid long-term damage.
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