Wyoming Liberty Group
As Winston Churchill said, we should never let a good crisis go to waste. Why? Because it creates an opportunity for fundamental change. The fiscal crisis in Wyoming is a good example.
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.
The Wyoming budget was broken up into a number of parts. In addition to the general appropriations bill we also had the State Capital Construction Bill and the Local Government aid bills. None of these other bills have gone to the governor yet.
How has the entire budget changed as it moved through the budget session and how has that effected the rainy day fund raid and the need to steal from future generations?
Maureen Bader and Gary Freeman talk about the Wyoming Frugality Scorecard and whether Laramie County legislators voted for a bigger rainy day fund raid or to reduce the rainy day fund raid now in the Wyoming budget.
From a rainy day fund raid to cutlets to agency budgets, if political will for serious reform remains on the sidelines, look for spenders to call for ‘alternative revenue sources,’ and you know what that means.
Current budget draws school Rainy Day Fund down to zero
All the hand wringing about the budget shortfall so far has focused on spend-as-usual government operations paid for with funds from traditional state spending accounts and augmented by a Rainy Day Fund raid. But the state has other accounts with an even bigger and more immediate problem: the K-12 education accounts. These accounts, just like the traditional accounts, are running short of cash. Governor Mead’s solution to the 2017-18 shortfall is to—wait for it—raid the school Rainy Day Fund!