Wyoming Liberty Group
On Thursday April 28 the Bureau of Economic Analysis released its advance estimate of GDP growth for the first quarter of 2016:
Real gross domestic product -- the value of the goods and services produced by the nation’s economy less the value of the goods and services used up in production, adjusted for price changes -- increased at an annual rate of 0.5 percent in the first quarter of 2016, according to the "advance" estimate released by the Bureau of Economic Analysis. In the fourth quarter, real GDP increased 1.4 percent.
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?
After months of review and mammoth change, the Wyoming legislature sent Governor Mead’s budget back to him for his signature. When the governor sent it back – signed – it had more line item vetoes than ever before.
Charlie Katebi and KGAB's Gary Freeman discuss the legislature's rejection of Medicaid expansion and how Wyoming could provide better healthcare for low-income patients.
Would the federal government ever renege on its promise to continue funding a program? Never, you say? The Wyoming Family Literacy Program at the Community College Commission is a good example of a costly entitlement program that lost its federal funding, leaving the entire tab to the Wyoming taxpayer. But the story gets even worse. This program is a costly duplication of other programs and more, it doesn’t meet its goals. The Joint Appropriations Committee made the right decision when it defunded this program.