Wednesday, September 15, 2010
Legislators fiddle while Washington burns
Governor Gregoire has announced she will authorize across the board cuts to state agencies starting October 1. We won’t know how big those cuts will be until Thursday’s quarterly revenue forecast update.
The state has collected about $190 million less than expected since the June revenue forecast. (This is no surprise. Taxes depress economic activity, a point the "Democratic" Party mulishly refuses to get --- BQ.)
Thursday’s forecast is likely to be bad enough to wipe out the state’s remaining reserves, and to push the budget into the red. Hence, Governor Gregoire’s executive order for budget cuts.
Posted by Amber Gunn at Liberty Live
The state has collected about $190 million less than expected since the June revenue forecast. (This is no surprise. Taxes depress economic activity, a point the "Democratic" Party mulishly refuses to get --- BQ.)
Thursday’s forecast is likely to be bad enough to wipe out the state’s remaining reserves, and to push the budget into the red. Hence, Governor Gregoire’s executive order for budget cuts.
Posted by Amber Gunn at Liberty Live
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“It is enough that the people know there was an election. The people who cast the votes decide nothing. The people who count the votes decide everything.”
-- Joseph Stalin
Cuts? Shurely not -- higher taxes!
ReplyDeleteCheers.
Gee... Don't you think our Guvnoire would keep her word?
ReplyDelete