Tag Archives: Budget

Senator Hillyard has it right on raising the rainy-day fund cap

Last week, Senator Lyle Hillyard posted to The Senate Site that he and Representative Dean Sanpei would be sponsoring legislation to raise the limits on the general and education rainy-day funds (or budget reserves) which are currently at 8 percent … Continue reading

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Legislature has it right on budget approach

The Utah Legislature recently received updated budget projections that give policymakers hundreds of millions in new state taxpayer dollars to allocate. The governor’s office subsequently recommended a $14.3 billion budget, which reportedly encourages legislators to spend almost all of this … Continue reading

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Pension madness

According to a just-released study by State Budget Solutions, Utahns are in hock to the tune of $16,350 apiece to the state employee pension system, for about $34 billion of unfunded liability. Just for context, that’s about five times the per capita taxes in the state. … Continue reading

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Video: The risks of Medicaid expansion and Healthy Utah

What is the significance of the numbers 1, 3 and 10 when it comes to Medicaid expansion? Watch this video to find out: In this interview, Tarren Bragdon, CEO of the Foundation for Government Accountability (FGA), and Stan Rasmussen, director … Continue reading

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This one infographic illustrates America’s financial peril

Ricochet’s Jon Gabriel put together this infographic illustrating the extreme state of America’s finances, brought to you by a bipartisan coalition of fast-spending Republicans and Democrats:   A sobering infographic, to be sure, but it pales in comparison to this … Continue reading

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How Utah can prevent the pain of budget cuts

  Want to minimize the negative impact of spending cuts on public schools, law enforcement and other government services during hard economic times – while also keeping state spending under control during times of prosperity? In the video report below, … 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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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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