Monday, April 04, 2005

Governator meets Gipper

"No one has ever raised taxes and solved the problem, nor will we solve the problem. We don't have a revenue problem; we have a spending problem."
Gov. Arnold Schwazenegger

If I didn’t know any better I’d swear the Governator plagiarized Ronald Reagan on that one. I’d like to see someone provide me evidence that disproves this. Even the current governor of Washington has admitted that her new taxes don’t solve our problem, they just band-aid it.

“I don’t like it,” she [Gregoire] said. “It’s not sustainable. It’s what’s wrong with the budget in the state of Washington.” Christine Gregoire, Seattle Times, 3/21/05

There is a $2.2 billion deficit predicted for the coming biennium. The budget shortfall is only created by the assumption that we must spend at the same rate we always have. The state’s proposed spending is far higher than projected revenue.

If we would limit our spending for this biennium, we would have enough tax revenue to increase spending by $1.6 billion and fix our budget woes in the process.

The key to fixing the states budget is not the death tax, and it’s not in sin taxes. The legislature needs to curb spending to fit within our budget. This means that state employees and teachers may have to wait a year for a much deserved pay raise. It means we may have to wait until the next cycle to purchase new vehicles for the state motor pool, or hold off on enacting one more health care mandate that could drive up insurance premiums to the state by as much as 10%.

The Dems don’t really want to fix our budget problems in this state. If they did, we would quite spending.

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