Where is all the state's money going?
State Comptroller Judy Baar Topinka is sitting on $9 billion in overdue bills because of a lack of money to pay them with. Two years ago this state legislature passed a 67 percent increase in the state income tax which results in, approximately, $6 billion in additional revenue to the state annually.
Where is all of this money going? Perhaps the Daily Herald could do a story on this. I have seen or heard nothing about a reduction in the overdue bills or the $96 billion shortage in the pension fund. Meanwhile the state's debt increases $17 per day because of the legislature's failure to act.
Phillip E. Ritchey
- Share Facebook Twitter
Article sent to (required)E-mail
Article sent from (required)E-mail Name
Subject Line (article title)
Message (optional)Success - Article sent Click to close
Interested in reusing this article?
Custom reprints are a powerful and strategic way to share your article with customers, employees and prospects.
The YGS Group provides digital and printed reprint services for Daily Herald. Complete the form to the right and a reprint consultant will contact you to discuss how you can reuse this article.Need more information about reprints? Visit our Reprints Section for more details.
Contact information ( * required )Name * Company Telephone * E-mail *
Article InformationTitle URL
Message (optional)Success - Reprint request sent Click to close