Delaware News

Governor Carney’s Statement on Joint Finance Committee Vote to Limit Spending

Governor John Carney | Office of the Governor | State Budget | Date Posted: Tuesday, May 22, 2018


Governor Carney Statement

WILMINGTON, Del. – Governor John Carney on Tuesday issued the following statement on the Joint Finance Committee’s vote to appropriate only 97 percent of available revenue this year and conserve surplus revenue:

“Delaware has a tradition of fiscal responsibility, and I want to thank members of the Joint Finance Committee for their vote today, which shows restraint, and a commitment to making responsible, long-term decisions about our finances. On our current pace and without action, our spending needs will outgrow our ability to pay for them. That’s why we’ve been focused since taking office on addressing our long-term challenges, on responsibly investing one-time revenue, and on making sure we don’t spend beyond our means. This will require a long-term commitment. Today’s vote is a major step toward that commitment and I look forward to working with the entire General Assembly through this session to ensure this additional surplus revenue is set aside. Thank you to members of the Joint Finance Committee for their partnership in this effort.”

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Related news:
Governor Carney, JFC Co-Chairs Release Statements on DEFAC Estimates
OP-ED: Soaring health care costs are holding Delaware back
Governor Carney’s Statement on Budget Smoothing Report

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Governor Carney’s Statement on Joint Finance Committee Vote to Limit Spending

Governor John Carney | Office of the Governor | State Budget | Date Posted: Tuesday, May 22, 2018


Governor Carney Statement

WILMINGTON, Del. – Governor John Carney on Tuesday issued the following statement on the Joint Finance Committee’s vote to appropriate only 97 percent of available revenue this year and conserve surplus revenue:

“Delaware has a tradition of fiscal responsibility, and I want to thank members of the Joint Finance Committee for their vote today, which shows restraint, and a commitment to making responsible, long-term decisions about our finances. On our current pace and without action, our spending needs will outgrow our ability to pay for them. That’s why we’ve been focused since taking office on addressing our long-term challenges, on responsibly investing one-time revenue, and on making sure we don’t spend beyond our means. This will require a long-term commitment. Today’s vote is a major step toward that commitment and I look forward to working with the entire General Assembly through this session to ensure this additional surplus revenue is set aside. Thank you to members of the Joint Finance Committee for their partnership in this effort.”

###

Related news:
Governor Carney, JFC Co-Chairs Release Statements on DEFAC Estimates
OP-ED: Soaring health care costs are holding Delaware back
Governor Carney’s Statement on Budget Smoothing Report

image_printPrint

Related Topics:  , , , ,


Graphic that represents delaware news on a mobile phone

Keep up to date by receiving a daily digest email, around noon, of current news release posts from state agencies on news.delaware.gov.

Here you can subscribe to future news updates.