BCT Editorial – 1/20/11

 


This page was last updated on January 20, 2011.


Quick hits; Editorial; Beaver County Times; January 20, 2011.

Have you noticed how the left always calls potential spending cuts as “draconian?”  Keep in mind this comes from a leftist newspaper that supports just about every spending proposal that comes down the pike.  Here’s what I wrote in my critique of “Do something:”  “PA spending has outpaced inflation.  The 2002-2003 budget was $20.7 billion and the proposed 2010-2011 budget was $29 billion.  If spending increases had been limited to the increase of the CPI, the current budget would be about $25.1 billion, and instead of a $1 billion deficit we’d have either a $2.9 billion surplus or lower taxation, and lower taxation favors economic growth.  In other words, without any tax increases we’d have more than enough to cover the ‘about $3.5 billion annually to fully fund the state’s transportation needs’ with nearly $2 billion left over to cut taxes.”


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