MicroGroks
We are about to find out whether American federalism is being put to the test or put to the sword. Illinois Democrats passed a state budget over the weekend. It kind of makes you wonder why New Hampshire’s legislature is still flubbing around.
If you are watching the state budget you understand there is a lot of red ink. Revenues for March were off in the neighborhood of 15%. In April revenues were off more than 35%, actually closer to 40%. In May revenues will be off by about 20%.
Before Chris Sununu took the bait and closed the state, Democrats were screaming for a shutdown. It doesn’t take a political genius to know why. The economy is their foil, and they believe that killing it improves their chances in November.
While many of us don’t want to get into debt, there are some instances where you may need to borrow money. Whether it’s taking out a loan or applying for a credit card, there are several things that you can do to ensure you pay it off quickly, as well as make sure that it …
Is America’s economy really booming? Yes, the economic indicators all show the economy is booming. Sure, unemployment is at a record low. The stock market is seeing record highs. We can see wages are up, and taxes are down.
Vermont is very progressive. Bernie is after all their US Senator (can anyone name the other one?) The state fully embraced Obamacare, the exchanges, Medicaid Expansion, and developed its own oversight provider network. And it loses gobs of money every year.
President Trump’s proposed budget for fiscal year 2021 does something we should support. The proposed budget would reduce the size and reach of the federal bureaucracy. That is a good thing. It is a step in the right direction. As important is the way he has chosen to do this too is significant.
The takeaway message from Gov. Chris Sununu’s State of the State address on Thursday was that New Hampshire, like comedian Larry The Cable Guy, gets her done.
I have been working on both State and County Budgets for over two decades. One handy rule I use in analyzing why the money is in the budget is “Follow the Money.” This simple rule leads one to find out the why this got included. Who benefits? Where does the money come from?
Last night, again, was the public hearing for the Town and School District; my previous post covered the discussion of getting the Budget Committee to endorse siphoning off peoples’ tax monies to “charities” that live off government tax monies (else they’d go belly up). This was is about the School Board trying to have their …
Tales from the BudComm – The “two bites at the apple” edition Read More »
