The term we used in our title is the best we could come up with to describe the current budget mess. Speaker Richard, who proved he was not ready for prime time last Friday when he foolishly told Fox News that he had talked to the treasury about “redistributing” stimulus money back to taxpayers –when he had not– seems to have not have talked to his Republican colleagues in the state senate either about his proposal.
St. Louis Beacon:
“Richard said the Senate not exactly thrilled with the new proposal, stating that they’re “having a cow.”
Senate President Pro Tem Charlie Shields, R-St. Joseph, questioned whether the proposed tax cut would have the effect of sinking future budgets.
He also questioned whether the stimulus funds could even be doled out for the purposes of a tax cut.
“The word coming out D.C. is that this is not considered an appropriate use of stimulus or stabilization money,” Shields said.
But Shields also said it might be more prudent to hold some of the stimulus money in preparation for leaner budget years.
“I still believe that that is the right thing to do,” Shields said. “And if you would take this approach to this one-time tax cut… the fact is you could be in a very, very serious budget situation by the year 2011.” Read more…
SNL: Republicans push for tax cut
KRCG: Debate over stimulus money causes walk out at Capitol
Creeping Socialism. Et tu Brute?
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