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State Fiscal Situation Improves with Higher Revenues and Agency Underspending

October 9, 2020 Common Cents
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A combination of revenues recovering faster than anticipated, including some potentially atypical receipts, and underspending at public agencies has improved the State of New Hampshire’s fiscal situation relative to projections from earlier in the year. While the situation is more favorable than previously expected, significant unknowns remain, including the course of the pandemic and the potential for federal assistance to states and local governments, all of which could have profound impacts on New Hampshire’s ability to fund key services for Granite Staters.

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New Data Show Food Insecurity Levels Declining Prior to the COVID-19 Crisis

September 10, 2020 Common Cents
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According to data released on September 9 by the United States Department of Agriculture, food insecurity levels in New Hampshire continued to decline during 2019, prior to the onset of the ongoing COVID-19 crisis. The report outlines the trends of reduced food insecurity in the nation and in New Hampshire, declining from the higher levels resulting from the Great Recession of 2007 to 2009. The overall improvements to the state economy through 2019, along with the effectiveness of key nutritional aid programs, did contribute to lower levels of food insecurity, although the benefits of the economic recovery did not reach all Granite Staters in an equal or timely manner. Although food insecurity levels declined through the years preceding 2020, the current crisis facing Granite Staters is not reflected in these 2019 data. The recent economic pressures on many individuals and families with lower incomes in New Hampshire have been severe, and current levels of food insecurity are very likely to be substantially higher.

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Increases to SNAP Benefits Would Offset Higher Food Costs and Boost the Economy

July 30, 2020 Common Cents
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The Supplemental Nutrition Assistance Program provides critical nutritional aid to individuals and families with low incomes, including those who have faced income losses. As Granite Staters continue to navigate the COVID-19 crisis, aiding those who are most affected and who have the fewest resources will help ensure they weather the crisis while supporting the economic recovery as well. Federal policy actions so far have provided temporary emergency SNAP allotments to recipients, along with extended nutritional benefits to certain children due to school closures, temporarily easing certain redetermination criteria, among other changes. Despite these actions, additional benefits may be needed as more impacts of the COVID-19 crisis become known, and as other supports expire or are discontinued. Additional SNAP benefits would help support Granite Staters who are experiencing food insecurity while providing a boost to the economy.

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State Fiscal Situation Improves with Higher Revenues and Agency Underspending

9 Oct 2020

tree with coins

A combination of revenues recovering faster than anticipated, including some potentially atypical receipts, and underspending at public agencies has improved the State of New Hampshire’s fiscal situation relative to projections from earlier in the year. While the situation is more favorable than previously expected, significant unknowns remain, including the course of the pandemic and the potential for federal assistance to states and local governments, all of which could have profound impacts on New Hampshire’s ability to fund key services for Granite Staters.