Stimulus 2

[classicman]

You're outta the clique for that one, young lady.

I'm sure the 'pubs would much rather use state infrastructure banks because they probably

get the money on the street much faster and more efficiently. Its a double edged sword. Pick your poison.

[SamIam]

Originally Posted by classicman

You're outta the clique for that one, young lady.


get the money on the street much faster and more efficiently. Its a double edged sword. Pick your poison.

True enough. I imagine the States would be like sharks in a feeding frenzy, trying to get the most Federal goodies. Who says the Feds would have less power? I can see them all, wheeling and dealing in the proverbial smoke filled room right now.

I don't know about the other States, but Colorado's structural budget is a joke. A few good avalanches and Interstate 70 will become a two lane dirt road.

Ninety percent of this plan is permanent cuts,” said Henry Sobanet, director of the Office of [Colorado] State Planning and Budgeting. Sobanet told reporters Tuesday that the governor’s proposal is based on a two-year plan to close a $1.3 billion structural budget gap, and the revised budget proposal should cover a little less than half of the gap.

Sobanet explained the gap has been financed with one-time money and cash transfers. “We’ve used our savings account to pay for ongoing expenses, and now it’s gone,” he said.

The structural gap is equivalent to the growth in K-12 and Medicaid over the past decade, he noted, while General Fund revenues in the same period have grown by just 0.64 percent, or about $481 million.

The Feds will call the tune to which the States will dance, given the current sad state of affairs.

And I thought our clique celebrated diversity, considering the political leanings of its members.