Wyoming Liberty Group
Maureen Bader and Gary Freeman talk about the apparent laundering of Abandon Mine Land Funds through the Wyoming Department of Transportation and the warning by Cynthia Lummis that Washington is watching, on KGAB 650 am Radio Cheyenne. The inappropriate use of AML funds last time was one reason why the funds were pulled.
Maureen Bader joins John Birbari on KVOW Riverton Radio to discuss Wyoming's Capital Construction budget, how some politicians seem to think providing employment opportunities for the construction industry is a role of government, and what some people are trying to do to rein in the out-of-control spending on construction.
Everybody wants the one percent
Did you know the State of Wyoming has more than one fund with handy cash ready for the taking? While most people think of the Legislative Stabilization Reserve Account (LSRA) as the rainy day fund, the state has hundreds of spend-ready funds. One of those, the Strategic Investment and Project Account (SIPA), could act as the source of funds for some of the capital construction projects legislators still want to fund, even as state revenue plummets.
The capital construction part of the Wyoming Budget got its own budget this time. The problem? The state doesn't have enough money to fund the building boondoggle list. What to do? Use the pennies from heaven - those dropped into state coffers from the Abandoned Mine Land Fund. This creates an even bigger problem though. The state lost the AML funds last time for the same type of building boondoggles it plans to use the current AML funds for.