Wyoming Liberty Group
- Replace Taxation Fixation with Bloat Elimination to Clear the Skies
Just when you think Wyoming's economic outlook can’t get any darker, it does. The Consensus Revenue Estimating Group (CREG) released its April 2016 update and sent a clear warning to policymakers. The report showed lower than expected revenue collections from most sources for fiscal year 2016, ending this June. The state is in trouble right now and the situation could be much worse in the 2017/18 biennium.
Maureen and KVOC's Chuck Gray analyse the April 2016 CREG report in this radio interview. The revenue shortfall for 2016 identified in the report could potentially be much worse, and the outlook for the 2017-18 biennial budget dims every day. What was Governor Mead's response and what might we expect in the future?
The State Building Commission has a 100-year tradition of managing state buildings, and reviewing and approving construction budgets. It includes the five elected officials, the Governor, Secretary of State, Auditor, Treasurer and Superintendent of Public Instruction. With budget responsibility, you might think it plays a part in the Capitol Square Project fiasco, but no. A committee dominated by the legislature, the Capitol Oversight Group, took over that project in 2014, and today, the project scope and costs are spiraling out of control.
Maureen Bader and Reece Monaco from KFBC in Cheyenne discuss the April 2016 CREG update and the need for fiscally responsible leadership in Wyoming. Maureen gave an overview of the Capitol Square Project, the budget overruns and the battle between Senator Phil Nicholas and Secretary of State Ed Murray on whose priorities will reign supreme.
Who knew a State Building Commission (SBC) meeting could include a discussion that perhaps surpassed the limit of orderly conduct? During a presentation on space allocation, a fiery exchange between Senator Phil Nicholas and Secretary of State Ed Murray made it clear that a battle may be brewing over renovation priorities at the Wyoming Capitol. This clash also indicates it may not be so easy for a certain senator to shift the blame for the cost overruns to someone else.
Maureen Bader and Chuck Gray discuss the lack of transparency in one of Wyoming's corporate welfare schemes - Legislatively Determined Investments, on KVOC. Listen as Maureen and Chuck talk about one example of a handout directed at a specific company and how the legislation changed to disguse its true intent.