Maine Budget Top On Maine Legislative Agenda
AUGUSTA, Maine (AP) ¿ A gaping state budget hole resulting from relentless revenue shortfalls will be the center of Maine lawmakers' attention during the 2010 election-year session, but cell phone safety, ATV regulation and highway funding also will be on the agenda.
Even before they return to the State House for Wednesday's opening, lawmakers agree that the all-consuming issue will be how to make up for a $438 million shortfall in the state's two-year, $5.8 billion budget.
"The vast majority of our time and energy will be spent on the budget," said House Speaker Hannah Pingree, D-North Haven. "No matter what, the budget will dominate the session."Senate President Elizabeth "Libby" Mitchell agreed. "Everything we do this session has to be considered in the context of the budget; there is no way around that," said the Vassalboro Democrat, who is also in a crowded race for governor. Democratic Gov. John Baldacci, beginning his last year as chief executive, has unveiled his blueprint for making what may be painful cuts, especially to public education and human services. It includes no increases in taxes, fees or fines. The Appropriations Committee will take up his revisions and make some hard choices about cuts in Medicaid and other services before sending its version package to the Democratic-controlled Legislature.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV