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1851 Center for Constitutional Law

Big news: Maurice Thompson has established the 1851 Center for Constitutional Law.

Support this important work today, with your money and your attention. "Jurisdictional transparency" is as important or more important than financial transparency, and Thompson is the state's leader in ensuring that governments operate legally, within their constitutional boundaries.

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So that’s what an $8 billion deficit looks like

By editor

Some bait and switch.

The governor released his budget yesterday. For two years, maybe three, all we have heard is there is an $8 billion deficit. Doing a little knapkin calculation, let’s figure General Revenue spending of $25 billion a year, a two year budget, so an $8 billion deficit is $4 billion a year; that’s a pretty healthy chunk, almost 20 percent. Sounds serious. Must be expecting that $25 billion to drop to $21 billion, eh? That’s gonna hurt.

So, let’s see, starting with 2011 spending at $26.7 billion, factor in about a 20 percent drop, so 2012 spending is . . . $26.9 billion. Huh? How did a $4 billion drop turn into a tiny little increase?

Well, they must have packed it all into the second year . . . Wow . . . an $8 billion drop from about $27 billion is about $19 billion . . . that’s really gonna hurt . . . so, looking at the budget, it’s $28.6 billion, a drop of . . . wait, an increase of $1.7 billion? So, we’re almost $10 billion ahead of where they said we were going to be?

Boy, this stuff is painful. These cuts can be called only Draconian.

Just makes you wonder what they think a deficit is.

Personally, I think the budget should be $50 billion. That means we’re looking at a deficit of more than $20 billion. Wow, just think of the cuts involved when I raise the spending by $1 billion next time!

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