Federal American Rescue Plan Act Directs Aid to Lower-Income Children, Unemployed Workers, and Public Services

In March 2021, the U.S. Congress passed and the President signed into law the American Rescue Plan Act (ARPA), which provides substantial relief and support for both households and public services as well as targeted economic stimulus. The substantial new federal law is projected to allocate more than $1.8 trillion to bolster the recovery from ...

New Federal Law Sends More Aid to Unemployed, Low-Income Granite Staters

A long-awaited federal bill to provide relief to people struggling during the COVID-19 crisis was signed into law Sunday, December 27, providing support through enhanced unemployment benefits, food assistance, individual grants, and housing rental subsidies. The New Hampshire State government now has a longer timeline to use funding supplied in the previous aid package, and ...

Updated Revenue Projections Suggest Much Smaller Budget Shortfall

At a November 23 briefing, key New Hampshire State agencies provided updated revenue estimates to policymakers that revealed a much more optimistic revenue outlook than previous projections. With tax receipts performing well in the State fiscal year thus far, and agencies substantially underspending their budgets last year, the total budget shortfall may be much more ...

State Fiscal Situation Improves with Higher Revenues and Agency Underspending

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 ...