Wyoming Liberty Group
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.
Maureen Bader and KGAB’s Gary Freeman discuss Governor Mead’s budget and the twist on his proposal to raid the Rainy Day Fund. December 4, 2015
During Governor Mead’s Business Forum in Cheyenne in November 2015, Dr. Robert Behn from Harvard University presented his theory on the budget cut challenge in the lead up to a discussion by a panel of legislators. Wyoming legislators must decide how to deal with a 25 percent reduction in revenue, a $155 million deficit in the education account for the next biennium alone and the reality that the Rainy Day Fund just isn’t big enough to bail out a spending level bloated by a decade of mineral tax windfall.
Maureen Bader and Chuck Gray discuss Governor Mead’s Business Forum in Cheyenne this week and the legislative panel’s discussion of possible strategies to deal with the budget deficit. From raiding the Rainy Day Fund to digging holes and filling them up again, our elected officials skirt around the need for fundamental reform. November 18, 2015
On November 10th in a Special Election Cheyenne’s voters will decide whether to transfer executive power from their elected mayor to an administrator working for the City Council. Beyond the details of the proposal, Cheyenne voters must answer a bigger question: Do voters believe that elections work?
This question is about whether the American experiment of representative government, fought so hard for by America’s founding generation, has worked. Cheyenne’s voters are asked to revisit the foundational questions of how to organize governmental power, of which Washington, Hamilton, Jefferson, and Madison wrestled with so thoroughly in the early years of our republic.
Maureen Bader and John Birbari talk about Wyoming Governor Mead’s upcoming budget and where to weed out the waste to ensure we do not dig into the state’s legacy savings. October 29, 2015