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Vt. lawmakers try to reach a budget deal - WCAX.COM Local Vermont News, Weather and Sports-

Vt. lawmakers try to reach a budget deal

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MONTPELIER, Vt. -

The budget battle continues at the Vt. Statehouse in Montpelier.

Select members of the House and Senate began ironing out their tax differences Friday afternoon.

Significant divides exist between the two plans put together by the respective chambers. The House plan raises $27 million total in new revenue over this year's policy; the Senate pulls in about $10 million. But Rep. Janet Ancel and Sen. Tim Ashe say they should reach compromise relatively quickly.

"We're far apart in terms of money, but the Senate has had better financial news since we acted on our tax bill and we think it's great if we can keep the amount of revenue down as low as possible," said Ancel, D-Calais.

"Even though there are very few actual parts of literal agreement, I think conceptually there's a lot of opportunity to work together and come to agreement," said Ashe, D-Chittenden County.

The governor is not a fan of either plan, critical of which taxes the legislators proposed raising. His plan-- first offered in January-- would have raised $32 million in new revenue, but legislators questioned if the proposed funding sources would have truly pulled through.

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