Chris Sununu on Budget & Economy



Can't add $5T to balance sheet and hope it goes away

Sununu also accused predicted a recession is on the horizon, slamming Yellen for saying that outcome was "not inevitable."??

"?You cannot add $5 trillion onto America's balance sheet and just hope it goes away. The recession is coming. The Fed, I think, has known this for a while. They have kind of ignored it. They should have been easing us into the right rates and where we need to go over a year ago," he said.

Source: New York Post on 2022 New Hampshire Gubernatorial race , Jul 10, 2022

Reduce homelessness, 13,500 new units in next three years

One of our biggest challenges is the availability of housing for our working families. Our state's shortage of available housing was further squeezed by the pandemic as people poured in. With that challenge I see opportunity. I created the Council for Housing Stability in November 2020. That council developed a three-year plan, that aims reduce homelessness and to increase housing options for our working families by 13,500 units in the next three years.
Source: 2022 State of the State Address to New Hampshire legislature , Feb 17, 2022

Washington doesn't understand the concept of a budget

Q: Democrats just passed the social safety net and climate bill. Is it a mistake for Republicans to oppose?

SUNUNU: It's not about the measures and the policies. More programs sound good, but at the end of the day they have to be paid for and they have to be sustainable, because these aren't programs that we're just going to do for a couple of years. This is one-time money, most of it, but it now has to get built into a budget. Washington doesn't seem to understand the concept of a budget.

Source: CNN SOTU 2021 interview of N.H. Governor , Nov 21, 2021

Money to cities and towns, local communities know best

This is a fiscally responsibly budget that is balanced, and lives within our means. It has no new taxes, no new fees, no increased taxes, no increased fees, nothing. In fact this budget lowers taxes for just about everyone. This budget makes smart, strategic target investments without having to balance it on the backs of our essential workers. And it focuses on core everyday services that prioritize people of our State.

For decades, you've seen your local property tax bills increase. While we can't pass legislation to directly cut your property taxes, we can provide financial assistance to cities and towns. In my first four years, we sent back over $100 million to cities and towns. When we had extra money at the State level, we downshifted cash, not cost, to those municipalities. One principle has guarded our approach: flexibility. Local communities know best.

Source: 2021 State of the State Address: New Hampshire legislature , Feb 11, 2021

Increase Rainy Day Fund to $100M; start Infrastructure Fund

Through good management practices and controlling wasteful spending, we are hopeful that by the end o the fiscal year we will have filled in the budget gaps we inherited and bring the balance back into the black.

Any surplus beyond increasing our Rainy Day Fund to a total of $100 million, will be placed in a newly created Infrastructure Revitalization Fund. And barring unexpected expenses, savings beyond those funds will be sent directly to our local communities.

Source: 2017 New Hampshire State of the State address , Feb 9, 2017

Other governors on Budget & Economy: Chris Sununu on other issues:
Gubernatorial Debates 2023:
KY: Incumbent Andy Beshear(D)
vs.State A.G. Daniel Cameron(R)

vs.Ambassador Kelly Craft(R)
vs.State Auditor Mike Harmon(R)
LA: Incumbent John Bel Edwards(D,term-limited)
vs.Jeff Landry(R)
vs.Shawn Wilson(D)
vs.John Schroder(R)
vs.Sharon Hewitt(R)
MS: Incumbent Tate Reeves(R)
vs.Bill Waller(R,withdrew)
vs.Brandon Presley(D)

Gubernatorial Debates 2024:
DE: Gov. John Carney (D, term-limited);
Lt. Gov. Bethany Hall-Long (D)
vs. Matt Meyer (D)
IN: Gov. Eric Holcomb (R, term-limited);
Sen. Mike Braun (R)
vs. Suzanne Crouch (R)
vs. Jennifer McCormick (D)
MO: Gov. Mike Parson (R, term-limited):
Jay Ashcroft (R)
vs. Bill Eigel (R)
vs. Mike Kehoe (R)
vs. Crystal Quade (D)
MT: Gov. Greg Gianforte (R)
vs. Tanner Smith (R)
vs. Ryan Busse (D)
Gubernatorial Debates 2024 (continued):
NC: Gov. Roy Cooper (D, term-limited);
Dale Folwell (R)
vs. Michael Morgan (D)
vs. Mark Robinson (R)
vs. Josh Stein (D)
vs. Andy Wells (R)
ND: Gov. Doug Burgum (R)
vs. State Rep. Rick Becker (R)
NH: Gov. Chris Sununu (R, retiring)
vs. Sen. Kelly Ayotte (R)
vs. Joyce Craig (D)
vs. Chuck Morse (R)
vs. Cinde Warmington (D)
UT: Gov. Spencer Cox (R)
vs. State Rep. Phil Lyman (R)
VT: Gov. Phil Scott (R) unopposed
WA: Gov. Jay Inslee (D, retiring);
Hilary Franz (D, withdrew)
vs. State Sen. Mark Mullet (D)
vs. County Chair Semi Bird (R)
vs. WA Attorney General Bob Ferguson (D)
WV: Gov. Jim Justice (R, term-limited);
vs. WV State Auditor JB McCuskey (R, withdrew)
vs. WV Secretary of State Mac Warner (R)
vs. State Del. Moore Capito (R)
vs. WV Attorney General Patrick Morrisey (R)
vs. Huntington Mayor Steve Williams (D)
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