Category Archives: Budget

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

Posted in Budget, Limited Government, Taxes | Tagged , , , | 2 Comments

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

Posted in Budget, Federalism, NCLB | Tagged , , , , | 3 Comments

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

Posted in Budget, Education, Taxes | Tagged , , , | 4 Comments

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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‘Free’ lunch for all Utah children this summer – at your expense

  This summer, many government schools (and parks and rec centers) in Utah are offering free meals to anyone under age 18 who shows up, regardless of their need, using federal tax dollars. Check out this video report to learn … Continue reading

Posted in Budget, Education, Personal Responsibility, Self-reliance, Taxes | Tagged , , , | 3 Comments

West Valley City to own $30 million hotel

West Valley City is providing a loan of $30 million to a private developer to build a hotel as part of the city’s Fairbourne Station project. If the hotel fails, then the city will be responsible for covering any losses. … Continue reading

Posted in Budget, Economic Development, Free market | Tagged , , , | 4 Comments

So … what about that $25 million building?

In Monday’s post, “Is this really a $40 million problem?” we wrote about the news that Salt Lake County might build a $40 million “community corrections center.” We noted that only $4.5 million of that would go towards the corrections … Continue reading

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Is this really a $40 million problem?

The Salt Lake Tribune reported yesterday that Salt Lake County is considering building a “‘community corrections center’ designed to help convicted wrongdoers who wrestle with drug addictions or mental health problems break free from their criminal past,” a kind of … Continue reading

Posted in Alcohol, Budget, Criminal Justice, Drugs | Tagged , , , , | 3 Comments

Alcohol Regulation: Moral Issue or Economics Issue?

In recent weeks, there has been talk of privatizing Utah’s liquor stores.  Most likely, this debate has gained traction with the announced closure of 10 state liquor stores (one closed, but the other nine will remain open).  As some people … Continue reading

Posted in Alcohol, Budget, Economic Development | Tagged , , , | 1 Comment

Rep. Carl Wimmer Crafts Spending Limitation Proposal For Utah

SALT LAKE CITY (FEB. 17, 2011)—Representative Carl Wimmer, R-Herriman, released a joint resolution today that would require the Legislature to limit state spending to the amount the state expended during the preceding fiscal year with an increase allowed for inflation … Continue reading

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Hillyard warns budget cuts are going to sting

With a $313 million structural imbalance in the Utah budget, state lawmakers are considering multiple options for cuts – and regardless of which option the Legislature chooses, some agencies are going to hurt. “There’s going to be people impacted and … Continue reading

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