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Gov. Shumlin's Budget Address Speech

Vermont Governor Peter Shumlin gave his budget address speech Wednesday at the Vermont State House.
MONTPELIER, Vt. - Vermont Governor Peter Shumlin gave his budget address speech Wednesday at the Vermont State House.

Some local leaders react to the address:

House Minority Leader Don Turner R-Milton:
“Again this year the Governor is proposing a budget that includes spending above and beyond the state’s current projected revenue capacity, depletes reserves, relies on more federal dollars and utilizes one-time revenue sources to balance.  Further, he recently called upon our local school districts to limit their spending to 3%, yet today he is proposing in excess of 5% or $70 plus million in new spending.  Proposing a budget that exceeds the growth of Vermont’s economy and the paychecks in taxpayer’s wallets is bad policy and is not financially sustainable.”

David Sunderland, VT Republican Party Chair:
"Vermont’s crisis of affordability is real and Vermonters, young and old, are confronting it every day.  Unfortunately, it appears their pleas for relief will once again be ignored by the Democrat super-majority in Montpelier."

Shawn Shouldice, State Director of National Federation of Independent:
“He nibbled around the edges without really getting to the problems that concern small business owners. Vermont is regarded nationally as one of the least competitive states in America because of its taxes and regulations and he really offered nothing today that would change that perception. This budget proposal grows spending at a faster rate than our economy.”

Here is the full text of his speech:
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