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Opinion: With this budget, everyone loses
Let me get this straight: The House of Representatives and the Senate, dating back some six years and with support for the governor’s office in recent years, have consistently outspent income by a wide margin yet we are supposed to feel good about this year’s balancing act because all is well with the efforts to cut spending.
There is no victory in this budget.
The fact is, we are about to increase spending (once again) year over year by a little over 4 percent compared to the forecasted 3 percent rate of income growth because the Legislature is coming back to the well (us) to make up the shortfall, a shortfall they have created by blowing one-time monies time after time in order to cover their spending spree.
If we were to spend our personal earnings like this Legislature does with our tax dollars, we would eventually have to spend sometime with a credit counselor and bankruptcy judge.
Ivan St. George
Vergennes
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