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« Why the Georgian Military was Unprepared For the Bear | Main | U.S. Commodities Futures Commission: Jim Gilmore Right on Price of Oil »
Wednesday
13Aug

Governor Kaine & GOP Leadership Spends VA into a Deficit

I picked up the News Virgininian this morning and read this:

$1 billion in additional state budget cuts expected

Meida General direly informs us:

 

Virginia’s cash crunch is going from bad to worse, possibly shorting the state budget another $1 billion and forcing more cuts in services and layoffs.
Ahead of Gov. Timothy M. Kaine’s much-anticipated revenue report to the General Assembly on Monday, lawmakers from both parties are predicting the shortfall for the current two-year, $77 billion budget could reach or surpass nine figures.

 

 

Now how could this have happened?  Oh that's right, as part of the last budget; the Governor, and the GOP Leadership projected a 6% growth in state revenues, even in the face of the known slowdown of the housing industry in NOVA.

  • Question number one, how long before Democrat/ics and big spending Republicans say we need to raise taxes to fill the gap?
  • Question number two, will Governor Kaine blame the budget shortfall on his predecessor, as Governor Warner did on Governor Gilmore?
  • Question number three, will the Main Stream Media point out that the FY 2007 budget is a 9.3% increase in spending over the FY 2006 budget, which was a 9.7% increase over the FY 2005 budget?

  • Question number four, is it really fair to call excess spending... cuts, when we shouldn't have tried to spend the money in the first place?

I am losing complete faith in GOP Leadership, and absolutely any pretense that the MSM is going to tell the people of Virginia the truth.

The GOP leadership is completely spineless.  When is the last time you heard from any one calling for a restraint in this excess spending, and the mere suggestion that tax rates should be rolled back because they are bringing in excess revenues?  Democrats are expected to call for increased taxes, and spending year after year... supposedly there is a difference in the parties.

The MSM are merely organs crying for this excessive spending by government.  Their own industry is forced to tighten their belts at every turn due to the changes in their industry and the economy, yet they don't seem to feel that government needs to reduce it's spending to meet new economic realities?  Where is the disconnect in the economic realities that they face, along with the rest of the citizenry?

Are the MSM so heavily biased towards government expansion that they can be trusted to even report on governmental affairs in general?  They have a complete fixation upon this budget mess, but are completely oblivious as to why it happened?  Why do they lack the integrity to report to their ever dwindling readers why it is we have a deficit in the first place?  They fixate upon all the pain of layoffs, and the cuts... cuts....cuts.... in the governments budget that will ultimately of course again spend more than FY 2007.

These deficits, just like Mark Warner's imagined $6 billion dollar deficit are only creations of the MSM's inability to report unbiasedly upon reality.  In the last ten years Virginia's government has spent more than the successive year.  When a Virginia family spends more and more each year... are they running a deficit?  Why isn't that same reality true for government?

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