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Budget Veto Transcript
April 2, 2008
| Today I am signing into law LB 988 and LB 959 with only one line-item reduction. I want to applaud the hard work and leadership of Senator Heidemann, members of the Appropriations Committee and the Legislature as a whole for delivering a budget bill package that represents a responsible revision to the state’s budget for the 2007–2009 biennium. I particularly want to thank the Legislature for helping to maintain a strong cash reserve and continuing to exercise restraint in General Fund spending. The one line-item reduction is to eliminate the gas tax increase included within the budget of the Department of Roads. While I appreciate the Legislature’s willingness to engage in a discussion of our roads funding challenges, now is not the time to increase the gas tax. Gasoline and diesel prices are hitting record highs almost every week, the cost of food is increasing, and healthcare costs are soaring. Again, I want to thank the Legislature for delivering a responsible and balanced General Fund budget, and I urge them to sustain my line-item veto of the gas tax increase. |
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