Today was another bitterly cold day in Nebraska. Winter is digging in and people are getting frustrated. Homeless people are voting early and the Governor delivered his state of the state address with little fan fare. The budget shortfall for 2 years was just under $1 billion and the Governor, true to his word, proposed a balanced budget without raising taxes. The budget also increases spending by 2.2% over the next two years.
This budget is not nearly as bold as the governor claims. Dipping into the rainy day fund may be required but only because the Governor is unwilling to actually cut spending. His moderate stance on spending increases is balanced only by his vocal opposition to any type of tax increase or tax credit elimination. Let's hope the legislature gets the message.