Home » NEWS » Barbour comments on 2010 budget

Barbour comments on 2010 budget

JACKSON — The fiscal year 2010 budget adopted in a special session of the Mississippi Legislature is prudent and balanced and will serve state’ taxpayers, agencies and their constituents well, says, Gov. Haley Barbour. However, not all issues are resolved, and he is concerned about the amount of federal American Recovery and Reinvestment Act funds contained in the budget.

“I appreciate the hard work it took to reach a consensus on many issues and want to thank legislators like Sens. Alan Nunnelee and Hob Bryan and House members Robert Johnson and Johnny Stringer as well as Lt. Gov. Phil Bryant and House Speaker Billy McCoy,” he said. “I am especially pleased the Legislature accepted my proposal to carry forward $60 million from the Health Care Expendable Fund as a cushion against the revenue shortfalls that are expected next year.

Barbour is concerned that the budget contains a significant amount of federal stimulus money, and that “we must learn to wean ourselves from it soon, as it ends after next year.”

Spending on all three levels of education will be the highest ever, but the federal stimulus funds make that possible.

BEFORE YOU GO…

… we’d like to ask for your support. More people are reading the Mississippi Business Journal than ever before, but advertising revenues for all conventional media are falling fast. Unlike many, we do not use a pay wall, because we want to continue providing Mississippi’s most comprehensive business news each and every day. But that takes time, money and hard work. We do it because it is important to us … and equally important to you, if you value the flow of trustworthy news and information which have always kept America strong and free for more than 200 years.

If those who read our content will help fund it, we can continue to bring you the very best in news and information. Please consider joining us as a valued member, or if you prefer, make a one-time contribution.

Click for more info

About MBJ Newswires

Leave a Reply

Your email address will not be published. Required fields are marked *

*