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Archive for April, 2010
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Thursday, April 29th, 2010NH Faces $86.8 Shortfall This Year
Monday, April 19th, 2010New Hampshire faces $84.8 million shortfall this year
Shortfall on pace for $86.6 million next year; total budget gap close to $300 million
(CONCORD) The Josiah Bartlett Center for Public Policy has published a new report estimating the revenue shortfall facing the New Hampshire budget at $84.8 million for Fiscal Year 2010. The projection is based revenues through March 31, and a study of the spring revenue figures for the past ten years.
The report, authored by Josiah Bartlett Center President Charlie Arlinghaus, breaks the state budget into ten major revenue categories, and projects how each source of funds is performing compared to both the Legislature’s projections and historic averages.
“Based on historical trends, the state is currently on track to be $84.8 million short of its budgeted revenue in the fiscal year ending June 30,” Arlinghaus writes.
Arlinghaus concludes that next year’s revenue shortfall will also top $80 million, unless economic conditions improve quickly.
“The budgeted revenue for FY2011 includes no additional taxes or rate changes. It assumes a 2.2% growth in total revenues over the prior year,” Arlinghaus continues. “If we assume the same 2.2% increase off the new FY2010 base, revenues would be an additional $86.6 million below the amount budgeted to balance spending in the budget.”
“The two-year revenue shortfall of $171 million is the largest component of a budget deficit that is close to $300 Million.”
Read the full report at http://www.jbartlett.org
Tea Party Nevada
Sunday, April 4th, 2010The mainstream media will not show you pictures which illustrate the vastness of the Tea Party movement.
This is a view of Senator Harry Reid’s hometown this week-end during a Tea Party Rally. This town of 500 voters was the site where at least 10,000 Tea Party Patriots came to hear Sara Palin speak. The town was so crowded the police stopped people from exiting the interstate highway. People were turned away because the town could not accommodate any more Tea Party visitors. Evidently Harry Reid thinks Tea Party people can be bought off just like some of the Democrats. His supporters were offering Tea Party visitors free donut holes and tea at a small stand.
Since the mainstream media will not show scenes like this, perhaps Americans should distribute this picture of Harry Reid’s home town over the Internet. Harry Reid is the fearless leader of the Senate who crammed government controlled health care down the throats of Americans though Americans told him “No, thank you!” Harry Reid’s approval rating is eight percent (8%), right behind Nancy Pelosi’s approval rating of twelve percent (12%). He is running for re-election, but he is beginning to wonder if the president will be able to get him re-elected as the president promised. He is counting on Americans having a short memory. He believes Americans will love being “controlled” once they get used to it!
Please help do the job the mainstream media will not do. Send this picture to people on your e-mail list who have been told by the mainstream media that Tea Party groups are composed of just a few radicals and the movement will never amount to anything.
10,000+ Patriots Descended Upon Harry Reid's Hometown
“The battle, sir, is not to the strong alone; it is to the vigilant, the active, the brave. … [I]t is now too late to retire from the contest. There is no retreat but in submission and slavery! Our chains are forged! Their clanking may be heard on the plains of Boston! The war is inevitable — and let it come! I repeat it, sir, let it come!” — Patrick Henry