SQ 708 would reduce the amount of the rainy day fund that the Legislature can spend during revenue shortfalls and emergencies. This is a good thing. The Legislature has declared emergencies at the drop of a hat and spent reserve funds when it was merely "partly sunny" leaving nothing in the bank for the really rainy days of the recent recession. This amendment would impose some needed restraint. I'm voting YES.
« State questions 705, 706, 712 | Main | SQ 711: Protect our freedom to disapprove »
SQ 708: Rainy day restraint
About
This page contains a single entry from the blog posted on November 1, 2004 1:22 AM.
The previous post in this blog was State questions 705, 706, 712.
The next post in this blog is SQ 711: Protect our freedom to disapprove.
For the latest entries, visit the main page, which also has links to archives by month and by category.
Contact
BlogAds
Blog Ad Swap
Support BatesLine
BatesLine is PayPal Verified
Recent Posts
- A succinct and well-linked rationale for voting no
- 4.0 frustration
- Sign suppression
- Both sides now
- Joel Kotkin on civic improvement schemes and city policy
- Steed on voter apathy and lobbyist power
- Upgrade in progress
- Elections are still a spectator sport in Delaware County
- Letters to the editor self-selection
- More bridges to nowhere
Search
Powered by
Movable Type Publishing Platform 4.0
Movable Type Publishing Platform 4.0