The House Ways and Means Committee of the New Hampshire Legislature convened on May 20, 2025, to discuss pressing economic concerns affecting the state. A significant focus of the meeting was the impact of federal policies on local economic stability, particularly in light of recent fluctuations in the stock market.
One committee member expressed deep concern over the current administration's approach to policy-making, suggesting that the trial-and-error method could lead to instability. This sentiment was echoed by worries regarding Moody's recent downgrade of New Hampshire's bond rating, which could have serious implications for the state's financial health.
Additionally, the committee reviewed a recent report that ranked New Hampshire among the top ten states in the country for various metrics, but highlighted a troubling 37th place in fiscal stability. This ranking raises questions about the state's long-term economic viability and the effectiveness of current fiscal policies.
The discussions underscored a growing unease among lawmakers about the direction of state finances and the need for more consistent and reliable economic strategies. As the committee continues to evaluate these issues, the implications for New Hampshire's fiscal future remain a critical concern for both legislators and residents alike.