Summary
Nobody in Jefferson City or any other taxing and spending jurisdiction will throw a party because revenues are so scarce, but today's involuntary budget hawks share the political comfort of not having to deal with the challenges of flush funding. They have no spending increase choices.
Whether in Missouri the budget revenue shortfall turns out to be $500 million or $700 million, budget makers need not entertain thoughts of increasing this or that. They will not face rancorous chattering for more; they can kindly pre-empt such requests by citing a miserable budget circumstance beyond their control. They can sympathize and say "no," receiving no blame for hard- heartedness.See the full content of this document
Extract
State Budget: The Euphoria of Tight Times
For once in their lives they can reduce money for education while proclaiming -- sincerely, let us assume -- they would give more m...
See the full content of this document
Sponsored links
