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If true, this is great news for the people. I imagine the money speeding freaks are drooling over ways to spend it if they get elected.
I think that is one reason the dems are so upset. They see a surplus and are frothing at the mouth that it hasn't been redistributed to where they think it should be.
I think that is one reason the dems are so upset. They see a surplus and are frothing at the mouth that it hasn't been redistributed to where they think it should be.
That's what is happening here in PA which is entirely controlled by the GOP. They have a surplus and of course the Democrats want to spend it. Never mind that debt that has been accumulating and the exploding pension contributions.
Our state has what is called a "rainy day fund" which was around 600 million till the democrat governor was elected. A few swipes of the exec order pen and it was down to 200. Now a republican is back in charge.
"The timing of this announcement from Gov. Walker's partisan budget office is highly suspect given the fact that the governor is in the middle of a campaign and that the nonpartisan Legislative Fiscal Bureau is not likely to release its projections until early next year,"
Quote:
A large chunk of the surplus is realized by delaying payments that will ultimately cost taxpayers more in interest. The budget numbers released Thursday do not account for a sizable shortfall in the state's health programs for the poor that Walker's administration says it will deal with through increased efficiencies and spending cuts. … The projected surplus includes $78 million that was acquired by restructuring debt. A small amount of that comes from getting lower interest rates, but most of it comes from pushing off payments and allowing long-term interest costs to rise, according to the Legislative Fiscal Bureau.
So quick to scrutinize economic data from the federal government but Walker releases rosy (read skewed) budget projections in the midst of a recall campaign that otherwise wouldn't be released until next year and you'll soak it in. Where's the scepticism? You'll certainly can't be so easily swayed from your distrust of government because Walker is an (R)?
So quick to scrutinize economic data from the federal government but Walker releases rosy (read skewed) budget projections in the midst of a recall campaign that otherwise wouldn't be released until next year and you'll soak it in. Where's the scepticism? You'll certainly can't be so easily swayed from your distrust of government because Walker is an (R)?
Oops!!! Someone let out the facts!!!
Yeah, most American familes would also have quite a bit of money in the bank if they would delay their bill payments.
So quick to scrutinize economic data from the federal government but Walker releases rosy (read skewed) budget projections in the midst of a recall campaign that otherwise wouldn't be released until next year and you'll soak it in. Where's the scepticism? You'll certainly can't be so easily swayed from your distrust of government because Walker is an (R)?
So are you saying the data will be revised? Maybe he is taking lessons from Obama? LOL
I'm going to remind you of this post the next time I see you advocating for ANY Democrat plan to raise taxes.
Sucks to be so hypocritical, eh?
So you approve of raising taxes on hard working americans, approve of trying to destroy the middle class, and the result of this, makes the state dead last in the nation for job creation and this is somehow a good thing?
The right wing mind is more warped than I originally thought
So what I'm getting is you approve raising taxes on hard working americans,
The surplus projection is because people are making more than expected so they pay more in taxes.
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