Category Archives: Budget

Utah, where careful planning makes the sun shine

This report by the State Data Lab, a project of the nonpartisan Truth in Accounting, finds that Utah is one of only nine “sunshine states” – meaning the state governments have enough financial assets to cover their financial liabilities (debt). … Continue reading

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Spending $24,696 per minute: The 2013-14 Utah State Budget

With the dawning of Utah’s new fiscal year, we’ve reset our state spending clock to show you, real time, how quickly the state spends our tax dollars. We understand governments have a legitimate and vital role to play in our … Continue reading

Posted in Budget, Free market, Government Spending, Limited Government | 2 Comments

Cast a skeptical eye on Medicaid economic impact predictions

This is the third of three blog posts discussing the findings of a recent state-funded report on the impacts of Utah’s pending decision on Medicaid expansion. See the other two posts here and here. A recent state-funded analysis projected that … Continue reading

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Thousands to lose existing insurance if Medicaid expands

This is the second of three blog posts discussing the findings of a recent state-funded report on the impacts of Utah’s pending decision on Medicaid expansion. See the first post here. Some Medicaid expansion advocates in Utah believe that, financially, … Continue reading

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Expanding Medicaid in Utah will cost taxpayers millions

This is the first of three blog posts discussing the findings of a recent state-funded report on the impacts of Utah’s pending decision on Medicaid expansion. Some advocates for expanding Medicaid in Utah have recently opined that “there is no … Continue reading

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Why Utah should expect ongoing drops in federal funding

With sequestration now in place, federal funding for low-income and special education students, national defense (read: Hill Air Force Base), and for local government programs and services will be decreasing, with impacts which have yet to materialize. The impacts may … Continue reading

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Budget deal? It’s just more spending

In these weekly commentaries I try to stay pretty even-keeled but the whole “fiscal cliff” mess has driven me over the edge. The nation – the American people – are $16 trillion in debt – $16 trillion with no hope … Continue reading

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Spending pledges vs. spending limits

As Congress begins to drive America off the fiscal cliff, the politics of taxes and spending will reach new levels of absurdity. Over 20 years ago a young upstart in Washington, D.C., Grover Norquist, began an anti-tax campaign calling on … Continue reading

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Interim Day: Grim impact of fed spending cuts on schoolchildren

At the Education Interim Committee on Capitol Hill this week, the committee heard a presentation about the potential impact of the pending federal sequestration policy on Utah’s public school and higher education systems. The sequestration policy would be enacted early … Continue reading

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State tax revenue update shows a “marginally” improving economy and outlook

The latest tax revenue estimates reported to the Legislature’s Revenue and Taxation Interim Committee today showed that general and education fund revenues (mostly sales & use tax and personal/corporate income taxes, respectively) for fiscal year 2011 came in $80 million … Continue reading

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Limited government = more jobs, higher incomes, better services

  Would you support an amendment to the Utah Constitution that means thousands more jobs for Utahns, lets Utah families keep more of their income, and ensures that important state government services are prepared for natural disasters or emergencies? An … Continue reading

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Today’s government-bungled finances echo economist’s warning of 65 years ago

  Standard & Poor’s recent decision to downgrade the credit rating of the United States government from AAA to AA+ contributed to the biggest drop of the Dow Jones Industrial Average since December 2008. Gross national debt is at $14.5 … Continue reading

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Budget deal: Utah still addicted to the federal trough

  A year and a half ago I wrote an article for the Standard-Examiner about how Utah is addicted to federal dollars. Since then, nothing has changed. The federal budget deal has again brought this issue to our attention. A … Continue reading

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Education spending and the danger of narrow policy thinking

  On Friday we wrote about not trying to “keep up with the Joneses” in regard to public education spending. Today I’ll make a few more observations about recently released spending data. A story from the Salt Lake Tribune recently … Continue reading

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Don’t mind the Joneses; do what’s best for Utah

  Trying to keep up with the Joneses can be damaging to one’s home environment – and to a state. Oft-expressed concerns about Utah’s public education funding highlight what I mean. According to a new Utah Foundation report, Utah continues … Continue reading

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