OMT One Man's Trash...from Norman Leahy



Wednesday, April 05, 2006 :::
 

Senate Math

The NV Daily posted the Senate Leadership Trust's rejection of the proposed House budget compromise. It's quite an argument, one the TD's editorial page looks at this morning. Rather unkindly:

For further evidence that the Senate must depend on sowing confusion between transportation spending and all other spending, consider the remark by Scott Leake, spokesman for Majority Leader Walter Stosch: Setting aside road funds is "mathematically impossible," he says. "You can't pull $1 billion out of the budget and not cut anything else."

Leake's comment depends on Washington-style accounting rules. In the logic of the Beltway, if legislators initially propose increasing funding for a program 30 percent, and actually increase it only 25 percent, then they have "cut" the program's appropriations. Under the House proposal, state spending will increase 17 percent -- with $1 billion set aside for later rather than 19 percent. If that's a cut, then Shaquille O'Neal is a Munchkin.

This is the topsy-turvy world we live in today. Budget surpluses do not exist. Taxes were raised two years ago to defend the bond rating, but issuing bonds that take advantage of the rating is unthinkable. And, thanks to the unique mathematics of the Senate, a budget increase that isn't as big as they want it to be is a dastardly cut in core services.

It's enough to confuse a cat.



::: posted by Norman Leahy at 4/05/2006 2 comments





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