State sound fiscally, Weiss says | Arkansas Blog

Wednesday, June 30, 2010

State sound fiscally, Weiss says

Posted By on Wed, Jun 30, 2010 at 6:43 AM

Richard Weiss, state Finance and Administration director, tells Stephens Media the state is in a "good spot" as the fiscal year ends today.

Good is, yes, a relative term after cuts in the budget, unrealized revenue expectations, an administration-directed freeze of most university pay (which only mirrored freezes for most state employees), deferred maintenance at prisons to allow admission of a few more inmates from the long list qualified for a prison cell.

The big question is whether the upturn in revenue will ever arrive, or, alternately, what's the next bruising impact if it does not?

RELATED: At top of NY Times today is story saying that betting on private spending for a recovery — rather than some Keynesian government spending — is a risky bet.

From the ArkTimes store

Favorite

Comments (7)

Showing 1-7 of 7

Add a comment

 
Subscribe to this thread:
Showing 1-7 of 7

Add a comment

More by Max Brantley

Readers also liked…

  • Auditor Lea caught not telling the truth

    State Auditor Andrea Lea, who began her tenure in statewide office with a degree of competence unseen in some other Republican counterparts (think Treasurer Dennis Milligan particularly), is becoming more deeply mired in a political scandal.
    • Mar 4, 2016
  • Arkansas Supreme Court refuses to rehear invalidation of marijuana act

    The Arkansas Supreme Court today denied a request to rehear its decision invalidating Issue 7, the medical marijuana initiated act.
    • Nov 3, 2016
  • Another Republican miracle-working governor

    Great piece in Washington Post on the budget crisis in Louisiana. Big tax cuts and corporate welfare will do that to a state, particularly to a state whose previous governor, Republican Bobby Jindal, refused to join the Obamacare-funded Medicaid expansion. There's a lesson there for Arkansas.
    • Mar 4, 2016

Most Shared

Most Recent Comments

Blogroll

 

© 2017 Arkansas Times | 201 East Markham, Suite 200, Little Rock, AR 72201
Powered by Foundation