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Mills Plan To Send “Poor Mainers” Cash From ‘Rainy Day Fund’ Far Exceeds Federal Poverty Guidelines
['Ted Cohen']
News - The Maine Wire
A taxpayer-financed slush fund that Democrat Gov.
If that isn’t enough of a “red flag,” the “affordability” payments appear to violate the “Rainy Day Fund” spending guidelines.
Current poverty guidelines describe a single individual as poor if his or her income ranges between $31,300 and $15,650.
The other problem with her slush fund is that the so-called Rainy Day Fund has strict rules for its use.
Officially called the Maine Budget Stabilization Fund, the money it contains is reserve to be used to offset a general-fund revenue shortfall.