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Maine's Budget Stabilization Fund: A Political Battleground

Maine's Budget Stabilization Fund: A Political Battleground

Portland Maine News Today | 2 Min News | The Daily News Now! · The Daily News Now!

March 19, 20261m 26s

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Show Notes

Maines Budget Stabilization Fund, currently at its maximum of $1.03 billion, is a contentious issue in the State House. Former Governor Paul LePage and current Governor Janet Mills both increased the fund, despite criticism for not spending more. Mills vetoes of bills and fiscal concerns have led to tensions with legislative Democrats. As her term ends, she clashes with them over tapping the fund or raising taxes to fund education and farm programs. The funds future remains a key battleground, especially with Mills considering a U.S. Senate primary.

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