Show-Me Spending Probs?!?

An important analogy as we slouch to toward midterms that are mostly about money motivations disguised with cheap talk about Democracy . . . Check-it: 

"The most interesting part of the governor’s budget signing was the explanation he provided for this year’s actions. Kehoe reiterated something he’s said before: Missouri has a spending problem rather than a revenue problem. He also said the state needs to reduce its reliance on what are called general revenue pickups. General revenue is the state’s primary operating fund, supported largely by income and sales taxes. A general revenue pickup occurs when a temporary funding source disappears, leaving general revenue to cover an ongoing expense. That’s exactly how temporary spending becomes a permanent obligation."

Read more via www.TonysKansasCity.com link . . .

New Budget, New Problems

Imagine getting a large one-time bonus, then using that money to buy an expensive new car. There are some obvious parallels to Missouri's budget. Shortly before the June 30 deadline, [...]