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Be careful what you wish for. Idaho (where I live) has a balanced budget rule: https://www.urban.org/policy-centers/cross-center-initiatives/state-and-local-fi
by zackmorris 4y ago
Be careful what you wish for. Idaho (where I live) has a balanced budget rule:
https://www.urban.org/policy-centers/cross-center-initiatives/state-and-local-finance-initiative/projects/state-fiscal-briefs/idaho https://www.urban.org/policy-centers/cross-center-initiative...
The legislature must pass a balanced budget, but it can carry a deficit over into the following year.
In practice, they use that to deny nearly all discretionary spending, and even spending that other states consider crucial:
https://www.idahoednews.org/news/nea-idaho-ranks-last-in-per-pupil-spending-again/ https://www.idahoednews.org/news/nea-idaho-ranks-last-in-per...
And then do odd things like raise education funding while cutting corporate taxes:
https://apnews.com/article/education-tax-reform-legislature-brad-little-4b31a0e2414733efcb0ec9039d3282dd https://apnews.com/article/education-tax-reform-legislature-...
Which would seem fine and dandy, but if there's an economic downturn and we no longer have a budget surplus, that tax burden will fall on the backs of working people and they'll just cut education/social services/environmental protections again like they always do.
- tstrimple 4y ago> In practice, they use that to deny nearly all discretionary spending, and even spending that other states consider crucial That's often the intended outcome for folks who make proposals like this. They have a vested interest in the government not working and will take whatever steps necessary to "prove" it's true.