Wednesday, August 03, 2005
Late last week, our steam pressed Republican state auditor, David Vaudt dusted off his these-guys-spend-way-too-much speech from the year before, which he should laminate as it comes out of the drawer every year about this time.
In an interview with Radio Iowa he puts it right out…
…Republican Dave Vaudt says his review of the 2006 budget approved in May shows the legislature and governor once again spent more money than the state is expected to collect in taxes… forcing them to borrow 346 million dollars from special savings accounts. He says this is the sixth year in a row they've relied on shifting money from other funds, and the eighth year the legislature's spent more than the expected revenue source…
Ya know, in the real world when people consistently over spend they go bankrupt. But this is government, our government, and Vilsack, with the acquiescence of the legislature, has raided funds and overspent for his entire tenure. Every year, for the last eight, Vilsack puts out a budget with significant increases for his pet policy projects & the gimmes. The GOP legislature then counters with a much smaller budget knowing full well they’ll compromise on a budget that spends too much.
Vaudt’s been pointing these facts out since he was first elected in 2002 and seems to really enjoy banging his head against a wall. From the July 29th Radio
…Vaudt's been saying the same thing, and noting the same spending pattern, for several years now. Is he discouraged? "No, I'm really not," he insists. "In fact, I'm encouraged." I've always known in government nothing happens fast. The key thing is to see progress." Vaudt says he does see some change and finds that encouraging. The auditor says the legislature and governor borrowed less money from special savings accounts than the year before. In 2005 lawmakers diverted 420-Million dollars from rainy day accounts.
I guess, if you count as progress reducing your fund raiding habits by 74 million even though you can chalk up the decline in fund raiding to a sizable increase in tax revenue, why not. The world really does love headbangers. Yes?