"Capitol Update" piece on how uncertainty about the threatened closure of three

Authors

Mal Leary

Source

Mainebiz

Date

5-30-2005

Pages

14

Abstract

"Capitol Update" piece on how uncertainty about the threatened closure of three Maine military bases has Gov. John Baldacci and Democratic leaders backing off from a plan to borrow $450 million to balance the next biennial budget. If the Defense Department's Base Realignment and Closure (BRAC) proposals are accepted, Maine might lose 12,000 jobs and about $450 million in economic activity. The BRAC list has also cast doubt on Baldacci's proposed $200 million bond package and on further tax reform this year.

Subjects

Budget Maine, Military bases

Recommended Citation

Leary, Mal, ""Capitol Update" piece on how uncertainty about the threatened closure of three" (2005). Maine News Index – MaineBiz. 3160.
https://digitalcommons.portlandlibrary.com/news_mainebiz/3160