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5/12/2009
Ellis & Cowles: Governor should start over on budget
With this week’s revised revenue estimates showing continued dramatic decline in state tax collections, the budget submitted earlier this year to the legislature is so out of balance that it should be returned to the governor for a complete revision.
Today, we are urging Senate Majority Leader Decker and Speaker Sheridan to return Assembly Bill 75 to Governor Doyle. The new revenue estimates reported this week by the Legislative Fiscal Bureau show such a drastically different picture that Governor Doyle’s original document is simply no longer operable.
The Legislative Fiscal Bureau reported that general fund revenue collections for the three years covering 2008-09 through 2010-11 are $1.6 billion less than the estimates used when the Governor built his budget. According to the Fiscal Bureau, with the new numbers the governor’s budget has a deficit of more than $800 million in the first year alone. The deficit will grow to $1.4 billion at the end of the biennium if the budget passed in its current form.
Bad budgeting practices that stretch over the past decade, coupled with a terrible economy state and nationwide have contributed to this problem. Things are not the same today as they were when the governor introduced his budget.
It is the governor’s duty to introduce a workable budget to the legislature. With a negative $1.4 billion ending balance, AB 75 is no longer a workable budget. It should be up to the governor to rewrite his budget in light of the new economic picture.
Mike Ellis is a Republican and serves the residents of the 19th Senate District. Rob Cowles is a Republican as well and serves the residents of the 2nd Senate District.
COMMENTS
Perhaps the state legislature should go back to part time pay for their part time jobs as well. This would help the budget out tremendously. Maybe even keep the state government out of our personal lives. Maybe we should just start over on our government altogether?
brad (Wed May 13 16:26:51 2009)
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