The computer project budget
Have no fear, though--the federal government is coming to the rescue. Yes, that federal government. The one that couldn't bail itself out of a wet paper bag, let alone anyone else.for my company was slashed by 20% this year. Some of that was compensated for by sweeping funds forward from 2007 and 2008 that had not been used. There is none of that left now. This year, everything looks fine, but for 2010, all bets are off. Budget cuts are looming--unless we can get a government bailout.
Just kidding. A government bailout would be the worst thing that ever happened to my company. It would be the worst thing that could ever happen to Utah as well.
Utah currently has just over $414 million in its rainy-day fund. This is far better than most states in the union. Projections indicate that, without any cuts in the state budget, all of that an more will be needed to make up for shortfalls. In these
If we accept a handout from a federal government that can't afford to give it, we will most assuredly lose the skill that we have developed as a state--to budget wisely and live within our means.austere times, legislators have been using austere measures to help ensure that we don't use up all of our rainy-day money.
Have no fear, though--the federal government is coming to the rescue. Yes, that federal government. The one that never met a deficit it didn't like. The same one that couldn't bail itself out of a wet paper bag, let alone anyone else. The Deseret News reports
Utah will get $1.7 billion and change from the federal stimulus spending of $878 billion, state legislators were told Thursday morning.The federal government
While some conservative legislators are wondering out loud if all of the funds should be accepted, Gov. Jon Huntsman Jr. says Utah will take every penny — it is all needed to avoid even deeper cuts in state programs and employee layoffs.
Documents handed out on the House and Senate floors show that over three years, Utah will get $1,731,494,511.
Most of that money, $1 billion, will come before July 1, during the current fiscal year.
If Utah has the fortitude to tell the federal government to stick its $1.7 billion where the sun don't shine, we'll be a lot better off in the future.doesn't have this money to give in the first place. We would do well to stop our avoidance/denial behavior when it comes to this fact. The platitudes about not spending our children's inheritance seem awfully hollow when we've now mortgaged our grandchildren's future and are beginning to destroy what might be left of their posterity.
What started out as localized infections in Massachusetts and California now threatens to infect the entire country as the various united states claim dependence on the federal teat without first stopping to think what kinds of addictions and slavery that will without question entail.
If Utah has the fortitude to tell the federal government to stick its $1.7 billion where the sun don't shine, we'll be a lot better off in the future. First of all, we'll have fewer impossible and freedom-destroying federal requirements around our necks than other states. But more importantly, we won't lose the skill that we have developed as a state--to budget wisely and live within our means.