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Maine Officials to Outline Spending Cuts to Close $35 M Budget Gap
12/03/2012 12:52 PM ET  

State revenue forecasters last week estimated that state revenues will fall short of expenditures by $35 million in the current fiscal year, and additional revenue shortfalls are expected further down the fiscal road.

Maine's Finance Commissioner will hold a press conference this afternoon on plans to curtail state spending. Gov. Paul LePage's office says Sawin Millett will discuss his assessment of the state's fiscal situation and make recommendations to close a multi-million budget gap at the 2:30 p.m. event.

State revenue forecasters last week estimated that state revenues will fall short of expenditures by $35 million in the current fiscal year, and additional revenue shortfalls are expected further down the fiscal road.

It's not clear whether Gov. LePage will attend the press conference. In a press release, LePage's communications director, Adrienne Bennett, says she will be at the event to answer questions about the recommendations for closing the gap, and what measures the governor can take to cut state spending.



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