A run through the budget jungle
There were some protesters outside the press conference where Baker discussed his FY2016 budget proposal this afternoon. But the fact is there is not much to protest here. This budget is characterized by lots of programs level funded. I understand that some advocates want much more funding for their specific program of interest, but the pain, to the extent that there is any, is spread across all areas of government. And it is worth remembering that the budget is increasing by $1.1 billion dollars, or 3 percent, to $38 billion total. Notwithstanding that growth in the budget, the administration still needs some big moves to make revenues match up with spending. Going into the budgeting process, the estimated shortfall in revenues […]