US EditionNebraska Lawmakers Send $11.1 Billion Budget to Governor, some Senators Predict Special Session
- Nebraska lawmakers sent an $11.1 billion balanced budget to Governor Jim Pillen on May 15, 2025, covering two fiscal years starting July 1, 2025, in Lincoln.
- The budget addresses a multi-million-dollar deficit that reached $432 million through revenue bills rolling back tax incentives, spending cuts, and cash fund transfers amid weaker economic forecasts.
- The plan generates about $133 million from tax incentive rollbacks, reduces over $410 million in government services including DMV and university cuts, and reallocates $137 million from the rainy day fund.
- Critics cautioned that the budget relies on unstable foundations and unsustainable cash transfers, with Sen. Wendy DeBoer calling for someone to speak out and reveal the underlying problems clearly.
- Although the budget ends with a $2.6 million surplus, Nebraska faces a $113 million projected deficit next cycle, leading some senators to predict a special session to resolve ongoing fiscal challenges.
13 Articles
13 Articles
Legislature goes ‘cold turkey’ on earmarks, but at what cost? - Statehouse
For perhaps the first time in South Carolina history, members of the General Assembly will soon reconvene to pass a $14.4 billion state budget that’s more likely to be remembered for what’s not in it than what is. The post Legislature goes ‘cold turkey’ on earmarks, but at what cost? appeared first on Charleston City Paper.
Nebraska lawmakers approve $11 billion two-year budget
LINCOLN, Neb. (KLKN) — The Nebraska Legislature passed a package of bills on Thursday to fund the government for the next two years. The main piece of legislation, Legislative Bill 261, was approved on a 37-11 vote. The $11 billion budget now goes to Gov. Jim Pillen’s desk. SEE ALSO: Nebraska Legislature passes social media age verification bill Pillen praised...
Omaha World-Herald
Nebraska Legislature approves $11.1 billion state budget for the next two years
After grappling with a multi-million dollar projected deficit all session, Nebraska lawmakers passed a balanced budget signing off on roughly $11.1 billion in general fund spending for the next two fiscal years.
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