BOSTON -- Gov. Stephen Merrill of New Hampshire said last week that $24 million in departmental budget cuts are needed to keep the state's books balanced through the remainder of the fiscal year.

Speaking at the opening hearing on the state's next two-year budget, Merrill said that without the cuts, the state will be in the red at the end of this fiscal year on June 30, 1995.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.