Editorial: If you’re spending money, does it count as spending?

Editorial: With so much money, how can the Capitol gang screw it up?
Buffett Image

It is “appropriation,” as in money that the Legislature allows the state to spend.

In short, House members want to pay down some debts to stay within the old spending cap, or so they say. 

Edwards’ budget chief says the paying down of the debt is an appropriation, because you can’t pay something out of public funds without the authorization of an appropriations bill. Sounds pretty definite to us.

We don’t know how all this will end up, but we do know that it’s an election year. If the legislators and the governor don’t agree by June 8, the end of the session, then there will have to be a special session to pass a new budget for the fiscal year beginning July 1.

Source

About Mary Weyand 14183 Articles
Mary founded Scoop Tour with an aim to bring relevant and unaltered news to the general public with a specific view point for each story catered by the team. She is a proficient journalist who holds a reputable portfolio with proficiency in content analysis and research. With ample knowledge about the Automobile industry, she also contributes her knowledge for the Automobile section of the website.

Be the first to comment

Leave a Reply

Your email address will not be published.


*