February 01, 2004
PUBLIC FINANCE > Budget > FY Pre-2008

Governor’s 2005 Budget: Fourth Year of Spending Cuts; Health Care Vulnerable

Reflecting the reality of the state's ongoing fiscal crisis, Governor Romney's 2005 budget proposes the fourth straight year of spending cuts. While education is the budget's primary area of emphasis, the modest increases in local school aid and higher education funding recommended for 2005 do not come close to offsetting the reductions of the previous three years.