Home (Post) Mobile Authors Say Anything Register Login

Monday, February 19, 2007

$370 Million In The Hole

From the Fargo Forum

“$370 million in the hole.

“That’s not good,” said Senate Majority Leader Bob Stenehjem, R-Bismarck. “We’re going to have to prioritize our funding.”

For perspective, it’s important to know that it’s typical for the session to have red ink in its fledgling bottom line at this midpoint, when priorities haven’t been solidified.

The difference is that in the past, the amount has been a tenth of what it is now. Last session, the budget was

$38 million in the hole at crossover. Six years ago, it was $31.2 million.

As in other sessions, legislators have taken the governor’s budget, which calls for an ending balance of $412.7 million on June 30, 2009, and gone to work rewriting it to their own liking.

While the governor assumed $2.291 billion in general fund revenues and $2.468 billion in general fund spending (the difference comes from the surplus), legislators have proposed subtracting from the revenue with tax reduction bills totaling a net $170.5 million. They’ve also proposed adding a net

$208.5 million more general fund spending.

They, too, have the surplus to fall back on, though both lawmakers and the governor say they want much of it socked away for the future. ”

That’s not good?  That’s not good the good Majority Leader says.  Well good call picking that up, it’s clear you have a keener eye than the rest of us.  It is a great thing The People have you in charge.

The good Majority Leader has a knack for downplaying the outrageous.  I hope he can finish his morning coffee in time to do something about this highway robbery that his colleagues are perpetrating on the taxpayers.

You’re right Mr. Stenehjem, that’s not good.

$370 million in the hole.

You’ve got to be kidding me.

Comments

“That’s not good,” said Senate Majority Leader Bob Stenehjem, R-Bismarck. “We’re going to have to prioritize our funding.”

Excuse me for asking an obvious question or two, but isn’t the prioritizing of funding what Stenehjem and his colleagues were supposed to be doing from the beginning?  Is that not their damn job?

Second, if this is the sort of leadership exhibited by Mr. Stenehjem, isn’t it about time to find another leader?


“Poverty of goods is easily cured; poverty of the mind is irreparable.”

Bat One on February 19, 2007 at 08:49 pm

Bat1:  Yes, Yes.


What’s going to happen to US industry when the global warming extremists like John McCain double the price of electricity?  I would think all these factories will close and set up in countries where they aren’t scared of technology.


The Whistler's signature
The Whistler on February 20, 2007 at 06:40 am
Avatar for Tom

On a couple of occasions I have had comments from a conservatiive House member who can’t beleive how liberal things are getting in the Legislature. To get the level of cuts they need to make by sessions end will cause a lot of heartburn, and rightly so.

Tom on February 20, 2007 at 06:41 am
Page 1 of 1        

Post a Comment


Before commenting, please recite:

Grant me the serenity to ignore the trolls,
the courage to debate with honest opponents,
and the wisdom to know the difference.

Name   
Email   
URL   
Human?
  
 

Upload Image    

Remember my personal information

Notify me of follow-up comments?

Note: Notifications will only be sent to confirmed email addresses. Confirm your email address here.

    

By submitting your comment you agree to our terms of service.