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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: Gordon A. Langston who wrote (341449)1/10/2003 1:19:31 PM
From: Kenneth E. Phillipps  Respond to of 769670
 
Republicans will try to get a budget law like Colorado's that limits spending to inflation and population growth. The State of WA has had such a law since the 1980s - Initiative 601 - WA still has a huge budget crunch - Deficit about $2 billion out of a budget of $23 Billion.



To: Gordon A. Langston who wrote (341449)1/10/2003 1:26:33 PM
From: Mana  Read Replies (2) | Respond to of 769670
 
Republicans will try to get a budget law like Colorado's that limits spending to inflation and population growth.

It is called TABOR (Taxpayer's Bill of Rights) We passed it in 2000. Best thing that could happen to this state. While other states are raising taxes, our state has to balance the budget without that option. That means cutting useless programs. The only way taxes can be raised is if the people vote for it.

I wish we had it on a federal level...



To: Gordon A. Langston who wrote (341449)1/10/2003 1:35:46 PM
From: DuckTapeSunroof  Respond to of 769670
 
Here's a good plan for economic growth. You simply give the same speech Clinton did 10 years ago and voila!!!!!!!

>>> Hell, I use most Presidential speeches as contrary indicators!

>>> Oh, (you're talking about Davis and Calif....)

Course the times and circumstances are not the same but what the hell are you going to do after you've allowed state spending to increase 38% in 4 years and now face the consequences. Republicans will try to get a budget law like Colorado's that limits spending to inflation and population growth.

>>> Most US states are required to run balanced budgets (even CA, I believe) unlike the grossly unbalanced federal budget.

>>> So, even if the States futz with the numbers a bit, they are not allowed to employ the full extent of the 'smoke and mirrors' available to the federal mis-managers.

>>> Although many States commit the classic error of the Pharaohs... and never salt enough away for the inevitable 'rainy day'.