Senate Republicans Announce Budget Targets
This week, Senate Republicans announced their intention to pass a $51.9 billion two-year state budget. Their proposal includes $591 million in tax relief on Paycheck Protection Program loans, tax relief for unemployment benefits, and no proposed tax increases. While most specific details are not yet available, other measures include a 5 percent cut to state government administrative costs, $100 million for unemployment due to the pandemic and $40 million for broadband expansion, among others. The Senate budget does not include one-time federal COVID-19 relief funds.