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07.18.2008 11:19 am

Blunt budget boast blasted

St. Louis Post-Dispatch

Matt BluntMissouri Gov. Matt Blunt celebrated his leadership this week with a news release that claims that he has created “strong budgets, surpluses, while other states see red.”

The release adds: “Gov. Blunt’s strong, conservative fiscal management of Missouri’s budget turned an inherited $1.1 billion deficit into three surpluses in a row. In April, the National Conference of State Legislatures reported that Missouri is one of only 13 states projecting stable or optimistic revenue outlooks for 2009.”

Not so much — or so fast — counters the Missouri Budget Project, a liberal think tank whose chief economist Tom Kruckemeyer was a senior Missouri budget official serving both Republican and Democratic administrations.

In a report released the same day as the governor’s boast, MBP countered that “if it sounds too good to be true, that’s because it is.”

The project report argues that, contrary to the Blunt Administration’s implication, Missouri has been spending more than it takes in, and the surplus is an accounting mirage.

Specifically, the report claims, the Blunt administration has been using a one-time pot of unspent funds essentially as an accounting method to make it appear that the state is operating at a surplus, when the reality is that Missouri has a structural deficit that will hit the fan next year and the year after.

Any Blunt boosters or other budget watchers care to critique the Missouri Budget Project’s findings?

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13 comments

Comments are closed.

This doesn’t surprise me at all. There was obviously something wrong when one understands what is actually happening to the US economy and realize that Missouri isn’t some miraculously blessed state above all others. When are people going to realize that Blunt is part of that Republican element that has a love for distortions? It is nothing but evil clear and through.

I must admit that Sara Steelman is not of this element of Republicans. It is so shocking how so many of rural Missourians fall for these calibers of people and continue to place them into office.

There are some of these types in the Democratic Part also, I must admit.

— D. Walker
11:33 am July 18th, 2008

“It is nothing but —->> evil <> evil <<—- ??

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— BobZ.
1:25 pm July 18th, 2008

“It is nothing but –> evil evil <– ??

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— BobZ.
1:30 pm July 18th, 2008

Okay, so Eddie is attacking Gov. Blunt in this one. Gee, Eddie, who are you going to pick on when Nixon and Obama and the Democrats take over the country? You may need to look for another job.

— A CENTRIST
3:07 pm July 18th, 2008

No whining, please. Talk issues not personalities.

— Eddie Roth
3:29 pm July 18th, 2008

MBP,

How much do you want? At what point is government spending enough? Would $20B be enough for health care? $10B enough for education? Quit constantly complaining, instead put your resources to use by advocating for a tax increase on hardworking Missourians. In order to increse government spending to record levels this is exactly what we will need. Or we can go back to the time you all relish, the 1990’s. Huge tax increases, explosive spending and politically prudent tax cuts on food, etc. Look where that got us, a joke of a Holden term.

Put your money where your mouth is, stand up in the Capitol Rotunda this session and openly advocate for a tax increase! Make those who accept your campaign dollars pledge thier support for an amendment to raise taxes on all Missourians. Stop hiding behind your ‘non-partisan’ status and get out a preach to all of us exactly who you are.

Or, simply say thanks to Missouri taxpayers and those who have turned this fiscal mess around and made this State a better place.

— Conan
3:34 am July 20th, 2008

Conan,

My question is where is all the money going? Other states take in less money and taxes and are able to do much more with it, great highways, free college and other social programs,educations etc..

What is it with Missouri?

— D. Walker
11:59 am July 20th, 2008

Ah, yet another reason for Boy Blunt to pre-announce his non-candidacy for another term.

— willys
12:25 pm July 20th, 2008

Can we first identify those state(s) that are being referenced to “as take in less money and taxes and are able to do much more with it…”

Being a regular traveler throughout Midwest, Gulf, Mid-Atlantic regions and my sense is Missouri is middling with its problems. Our state’s problems, overall, are minor and manageable in comparison.

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— BobZ.
12:39 pm July 20th, 2008

State of Georgia is one and so is Illinois.

— D. Walker
9:29 pm July 20th, 2008

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