{"id":18601,"date":"2025-10-21T10:12:39","date_gmt":"2025-10-21T14:12:39","guid":{"rendered":"https:\/\/tvdelmarva.com\/?p=18601"},"modified":"2025-10-21T10:12:45","modified_gmt":"2025-10-21T14:12:45","slug":"governor-meyer-addresses-delaware-revenue-shortfall-following-economic-forecast","status":"publish","type":"post","link":"https:\/\/tvdelmarva.com\/wp\/governor-meyer-addresses-delaware-revenue-shortfall-following-economic-forecast\/","title":{"rendered":"Governor Meyer Addresses Delaware Revenue Shortfall Following Economic Forecast"},"content":{"rendered":"\n<p><strong>WILMINGTON, Del. \u2014<\/strong> Governor Matt Meyer said Monday that Delaware could lose more than $400 million in state revenue over the next three years, citing the impact of recent federal tax changes under the Trump administration. Following the Delaware Economic and Financial Advisory Council\u2019s (DEFAC) latest meeting, Meyer issued a statement criticizing the administration\u2019s fiscal policies, saying they favor the wealthy at the expense of working families. <br>\u201cToday\u2019s DEFAC update shows that with Trump&#8217;s recent tax changes, the State of Delaware stands to lose over $400 million in revenue over the next three years \u2014 on top of previously forecasted cuts to Medicaid, SNAP, and other critical programs \u2014 threatening the services families deserve,\u201d Meyer said. \u201cBut we won\u2019t let that happen.\u201d <br>Meyer said he intends to work with both Democrats and Republicans in the General Assembly on a plan to protect Delaware\u2019s budget and preserve funding for schools, public safety, and health care.<br>\u201cIn the coming weeks, I\u2019ll work with Democrats and Republicans in the General Assembly on a simple, responsible fix that protects our budget and keeps Delaware competitive, so employers can have certainty, and our investments in schools, public safety, and health care can stay on track,\u201d he said.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" width=\"900\" height=\"678\" src=\"https:\/\/i0.wp.com\/tvdelmarva.com\/wp-content\/uploads\/2025\/05\/matt-meyer.jpg?resize=900%2C678&#038;ssl=1\" alt=\"\" class=\"wp-image-14449\" style=\"width:530px;height:auto\" srcset=\"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2025\/05\/matt-meyer.jpg?w=900&amp;ssl=1 900w, https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2025\/05\/matt-meyer.jpg?resize=300%2C226&amp;ssl=1 300w, https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2025\/05\/matt-meyer.jpg?resize=768%2C579&amp;ssl=1 768w\" sizes=\"auto, (max-width: 900px) 100vw, 900px\" \/><\/figure>\n\n\n\n<p>Photo: Governor.Delaware.gov <\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>WILMINGTON, Del. \u2014 Governor Matt Meyer said Monday that Delaware could lose more than $400 million in state revenue over the next three years, citing the impact of recent federal tax changes under the Trump administration. Following the Delaware Economic and Financial Advisory Council\u2019s (DEFAC) latest meeting, Meyer issued a statement criticizing the administration\u2019s fiscal [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":14449,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[29],"tags":[],"class_list":["post-18601","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2025\/05\/matt-meyer.jpg?fit=900%2C678&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/pbtNqq-4Q1","jetpack-related-posts":[{"id":19286,"url":"https:\/\/tvdelmarva.com\/wp\/hb-255-signed-to-shield-delaware-from-400-million-dollar-shortfall\/","url_meta":{"origin":18601,"position":0},"title":"HB 255 SIGNED TO SHIELD DELAWARE FROM 400 MILLION DOLLAR SHORTFALL","author":"admin","date":"November 20, 2025","format":false,"excerpt":"DOVER, Del. - Delaware has moved to shield its budget from major federal tax code shifts as Governor Matt Meyer signed House Bill 255, a measure designed to prevent hundreds of millions of dollars in potential revenue losses tied to federal policy changes. According to state officials, the new law\u2026","rel":"","context":"In &quot;News&quot;","block_context":{"text":"News","link":"https:\/\/tvdelmarva.com\/wp\/category\/news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2025\/11\/matt-signing-another-bill-1-scaled.jpeg?fit=1200%2C901&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2025\/11\/matt-signing-another-bill-1-scaled.jpeg?fit=1200%2C901&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2025\/11\/matt-signing-another-bill-1-scaled.jpeg?fit=1200%2C901&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2025\/11\/matt-signing-another-bill-1-scaled.jpeg?fit=1200%2C901&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2025\/11\/matt-signing-another-bill-1-scaled.jpeg?fit=1200%2C901&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":13523,"url":"https:\/\/tvdelmarva.com\/wp\/delaware-governor-meyer-unveils-6-58-billion-budget-for-fiscal-year-2026\/","url_meta":{"origin":18601,"position":1},"title":"Delaware Governor Meyer Unveils $6.58 Billion Budget for Fiscal Year 2026","author":"admin","date":"March 28, 2025","format":false,"excerpt":"\u00a0DOVER, DE \u2013 Governor Matt Meyer unveiled his proposed $6.58 billion budget for fiscal year 2026 on Thursday, outlining key investments in education, housing, healthcare, and tax reform. A significant part of the proposal focuses on tax reform, introducing three new income tax brackets for individuals earning $125,000, $250,000, and\u2026","rel":"","context":"In &quot;News&quot;","block_context":{"text":"News","link":"https:\/\/tvdelmarva.com\/wp\/category\/news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2025\/03\/matt-meyer-2.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2025\/03\/matt-meyer-2.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2025\/03\/matt-meyer-2.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2025\/03\/matt-meyer-2.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":48608,"url":"https:\/\/tvdelmarva.com\/wp\/meyer-names-brenda-wise-to-delaware-financial-advisory-council\/","url_meta":{"origin":18601,"position":2},"title":"Meyer Names Brenda Wise to Delaware Financial Advisory Council","author":"Admin","date":"April 7, 2026","format":false,"excerpt":"Delaware Governor Matt Meyer has selected Brenda Wise for a position on the state's Economic and Financial Advisory Council. Meyer praised Wise's background in public service and leadership experience.","rel":"","context":"In &quot;News&quot;","block_context":{"text":"News","link":"https:\/\/tvdelmarva.com\/wp\/category\/news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/04\/news-1775596959341.jpg?fit=1200%2C631&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/04\/news-1775596959341.jpg?fit=1200%2C631&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/04\/news-1775596959341.jpg?fit=1200%2C631&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/04\/news-1775596959341.jpg?fit=1200%2C631&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/04\/news-1775596959341.jpg?fit=1200%2C631&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":18553,"url":"https:\/\/tvdelmarva.com\/wp\/governor-meyer-joins-celebration-of-milfords-mispillion-station-ii-housing-project\/","url_meta":{"origin":18601,"position":3},"title":"Governor Meyer Joins Celebration of Milford\u2019s Mispillion Station II Housing Project","author":"admin","date":"October 17, 2025","format":false,"excerpt":"MILFORD, Del. -- The Delaware State Housing Authority, along with Governor Matt Meyer, developers, and housing advocates, launched Mispillion Station II, an affordable housing project that will renovate 32 apartments and add 16 new units in Milford. The project is a joint venture between Severn Companies LLC and Searfoss Development\u2026","rel":"","context":"In &quot;News&quot;","block_context":{"text":"News","link":"https:\/\/tvdelmarva.com\/wp\/category\/news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2025\/10\/matt-meyer-playing-with-dirt.jpg?fit=1200%2C800&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2025\/10\/matt-meyer-playing-with-dirt.jpg?fit=1200%2C800&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2025\/10\/matt-meyer-playing-with-dirt.jpg?fit=1200%2C800&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2025\/10\/matt-meyer-playing-with-dirt.jpg?fit=1200%2C800&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2025\/10\/matt-meyer-playing-with-dirt.jpg?fit=1200%2C800&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":68318,"url":"https:\/\/tvdelmarva.com\/wp\/delaware-celebrates-agriculture-with-delaware-grown-week-may-17-23\/","url_meta":{"origin":18601,"position":4},"title":"Delaware Celebrates Agriculture with Delaware Grown Week May 17-23","author":"Admin","date":"May 18, 2026","format":false,"excerpt":"Governor Matt Meyer has officially declared May 17-23 as Delaware Grown Week to recognize the state's agricultural industry. The proclamation highlights agriculture as Delaware's top industry and acknowledges the important role of family farms in the state's economic health.","rel":"","context":"In &quot;Agriculture&quot;","block_context":{"text":"Agriculture","link":"https:\/\/tvdelmarva.com\/wp\/category\/agriculture\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/05\/news-1779113289189.png?fit=1024%2C758&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/05\/news-1779113289189.png?fit=1024%2C758&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/05\/news-1779113289189.png?fit=1024%2C758&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/05\/news-1779113289189.png?fit=1024%2C758&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":12939,"url":"https:\/\/tvdelmarva.com\/wp\/governor-meyer-unveils-plan-to-address-rising-energy-costs-in-delaware\/","url_meta":{"origin":18601,"position":5},"title":"Governor Meyer Unveils Plan to Address Rising Energy Costs in Delaware","author":"admin","date":"March 6, 2025","format":false,"excerpt":"WILMINGTON, Del. \u2013 Governor Matt Meyer has announced a comprehensive plan to combat rising energy costs in Delaware, calling for stronger consumer protections and immediate relief for Delmarva Power customers who have seen significant bill increases. The governor emphasized that families should not have to choose between heating their homes\u2026","rel":"","context":"In &quot;News&quot;","block_context":{"text":"News","link":"https:\/\/tvdelmarva.com\/wp\/category\/news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2025\/03\/matt-meyer.jpg?fit=900%2C678&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2025\/03\/matt-meyer.jpg?fit=900%2C678&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2025\/03\/matt-meyer.jpg?fit=900%2C678&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2025\/03\/matt-meyer.jpg?fit=900%2C678&ssl=1&resize=700%2C400 2x"},"classes":[]}],"jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/tvdelmarva.com\/wp\/wp-json\/wp\/v2\/posts\/18601","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tvdelmarva.com\/wp\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tvdelmarva.com\/wp\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tvdelmarva.com\/wp\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tvdelmarva.com\/wp\/wp-json\/wp\/v2\/comments?post=18601"}],"version-history":[{"count":1,"href":"https:\/\/tvdelmarva.com\/wp\/wp-json\/wp\/v2\/posts\/18601\/revisions"}],"predecessor-version":[{"id":18602,"href":"https:\/\/tvdelmarva.com\/wp\/wp-json\/wp\/v2\/posts\/18601\/revisions\/18602"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tvdelmarva.com\/wp\/wp-json\/wp\/v2\/media\/14449"}],"wp:attachment":[{"href":"https:\/\/tvdelmarva.com\/wp\/wp-json\/wp\/v2\/media?parent=18601"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tvdelmarva.com\/wp\/wp-json\/wp\/v2\/categories?post=18601"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tvdelmarva.com\/wp\/wp-json\/wp\/v2\/tags?post=18601"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}