Wyoming Liberty Group

We here at the Wyoming Liberty Group strive to bring you the latest information. Please enjoy the blogs and comment on them often.

JAC Votes to Hide Capitol Renovation Cost Overruns

The Veil of Secrecy is Drawn

When visions of Taj Mahals at the Wyoming Capitol are coupled with state revenues tumbling into the abyss, count on some Wyoming legislators to figure out how to keep on spending. One creative solution is to hide escalating costs in other agency budgets. But burying spending takes the Capitol renovation project in the wrong direction. Instead of creating a legacy debt and higher taxes, the Capitol project must remain transparent and be brought back to a basic renovation, one that Wyoming taxpayers can afford.

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Wyoming Is Safe from Medicaid Expansion – But Could it Rise Again?

     If you think health care is expensive now, wait until you see what it costs when it’s free.
             PJ O’Rourke

Choosing to expand Medicaid is like deciding to marry for the sake of a dream honeymoon when disillusionment is the likely outcome. Fortunately, seven members of the Joint Appropriations Committee rescued Wyoming from a looming and ill-conceived entitlement marriage by voting to strip Medicaid Expansion from the 2017-18 budget appropriations bill.

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Could Medicaid Expansion Rise Again?

Maureen Bader and Glenn Woods discuss the good and the bad news from the JAC meeting yesterday. Although Medicaid expansion is out of the budget, someone could try to sneak it back in.

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Wyoming State Revenues Continue to Fall

Powering through savings won’t save the state

Wyoming’s Consensus Revenue Estimating Group presented its January forecast update this week. The update shows a continued fall in minerals revenue. No surprise, and given the current situation, expect more of the same as Wyoming’s budget session kicks into gear.

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The School Rainy Day Fund Raided

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!

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Medicaid Expansion and Hollow Promises

Supporters of Medicaid Expansion, including Governor Matt Mead, express an unwavering belief that the federal government will actually fund this entitlement as promised. Yet Washington’s promises often become unfunded mandates. Even before the end of this year it is likely that Congress will cut federal funding for Medicaid Expansion and leave states holding the bag.

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Wyoming’s Budget Blues

A Rainy Day Fund Raid with a Twist of Sour Lime

Wyoming stands at a fork in the road. Throughout the 2000’s, politicians played Santa Claus with a severance tax bonanza. Saving some of that windfall in a variety of savings accounts mitigated this pork-fest.

Now, as the minerals boom turns to bust, many of our elected representatives look covetously at those savings as a way to shield themselves from the difficult choices involved in limiting government to a level remaining taxpayers can afford to fund.

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