Mills proposes new spending in light of updated revenue predictions

By: Emma Davis

Outlets: Maine Morning Star

Published: March 12, 2026

Words: 505

Last Updated: 4 months, 3 weeks ago

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Gov. Janet Mills on Thursday proposed new spending to address federal funding shortfalls, help the dwindling highway fund, and reinstate a long-standing business tax credit. This comes after the state’s nonpartisan budget forecasters predicted more short-term revenue — but a bleaker long-term financial outlook.

Maine’s Revenue Forecasting Committee predicted $8.8 million in new revenue over the next two years for Maine’s general fund, which is mostly made up of taxes and fees. However, …

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