16 Year Old Gets Tough With Baldacci in LSJ Letter
quote:Originally posted by Bob Stone:
One of the biggest reasons why our state faces so much debt is spending. In 1996, Gov. Angus King's budget was $3.5 billion. Last year, the Baldacci administration's budget was an astounding $5.3 billion. That's a $1.8 billion increase. Now, our state faces another budget crisis - $5.71 billion. How can the state spend so much money if our debt is so large? The answer: bonds.
[ 04-21-2005: Message edited by: Bob Stone ]
Over 50% increase in 9 years? What is Baldi thinking? He really took his promise about tax reform seriously. Little Jonny, the dominatrix of taxation!