Nebraska’s budget deficit to grow by roughly $175M after new economic forecast

By: Erin Bamer

Outlets: Nebraska Examiner

Published: February 27, 2026

Words: 884

Last Updated: 1 week, 5 days ago

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LINCOLN — A new economic forecast effectively doubled the size of Nebraska’s projected deficit from what state lawmakers had reduced it to so far this legislative session.

Lawmakers entered the session aiming to fix a $471 million budget deficit, based on October projections from Nebraska’s Economic Forecasting Advisory Board. Budget cuts made by the Legislature’s Appropriations Committee through Wednesday had narrowed the projected shortfall to roughly $155 million, according to Legislative Fiscal Analyst Keisha Patent.

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