"Cover Story" piece on Maine's tobacco settlement fund. Last year, lawmakers to
"Cover Story" piece on Maine's tobacco settlement fund. Last year, lawmakers took more than $47 million of the fund to cover shortfalls in other areas, and as the Legislature eyes a $248 million shortfall in the current two-year budget, public health advocates fear the fund is being targeted again. The settlement, which is expected to bring Maine $55.8 million next year, will grow larger for as long as the tobacco manufacturers are in business, adding up to a total income for Maine of about $3.4 billion by 2046. But Pat Colwell of Gardiner, the majority leader in the House, said Democrats are preparing to defend the tobacco fund from further cuts by Republicans. With examples of how several other states are using the tobacco settlement money.
Barker, Chris, ""Cover Story" piece on Maine's tobacco settlement fund. Last year, lawmakers to" (2001). Maine News Index – Maine Times. 5695.