SQ 708: Rainy day restraint


SQ 708 would reduce the amount of the rainy day fund that the Legislature can spend during revenue shortfalls and emergencies. This is a good thing. The Legislature has declared emergencies at the drop of a hat and spent reserve funds when it was merely "partly sunny" leaving nothing in the bank for the really rainy days of the recent recession. This amendment would impose some needed restraint. I'm voting YES.

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This page contains a single entry by Michael Bates published on November 1, 2004 1:22 AM.

State questions 705, 706, 712 was the previous entry in this blog.

SQ 711: Protect our freedom to disapprove is the next entry in this blog.

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