Gov. Ricketts Comments on Forecasting Board Meeting Projections
LINCOLN – Today, Governor Pete Ricketts issued a statement following a meeting of the Nebraska Economic Forecasting Advisory Board.
“Clearly additional spending reductions are required. The Nebraska Department of Revenue presented the forecasting board with an estimate showing tax receipts are short by $65 million this month compared to the previous forecast. With the Forecasting Board’s $55 million downward revision for a three-year period, I encourage the Legislature to make the necessary cuts to spending.”