August 23, 2006
Oh, so NOW the R's cop to the fact that they screwed up
The SAEN (via PinkDome) has a decidedly mediocre post up about all the great things the R's are doing to the state budget. See, that surplus so many are proud of ISN'T going to be enough to fix the holes in school finance, maintain services at their already low levels AND cut property taxes.
What's the culprit? The business tax that's about as useless as a box of hair.
The package used state surplus funds and expanded state taxes — including business taxes — to lower local school property taxes. The higher state taxes don't cover the entire cost of the property-tax cut because leaders wanted to pass a net tax decrease.Strayhorn estimated the effort would create a budget shortfall of $23 billion over five years. The nonpartisan Legislative Budget Board put it at $25 billion.
You motherfuckers dug us a $25 BILLION DOLLAR hole?
Yet another example of irresponsible Republican legislature that thinks it can borrow and spend just like Republican's in Washington. Unfortunately, that dog don't hunt here in Austin. Remind me never to let Todd Staples or CradDICK near my checkbook.
Posted by mcblogger at August 23, 2006 01:06 AM
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