Gov. Doug Duceyâs proposed $12.7 billion budget features another big tax cut, but may lock in the financial stress of the pandemic for schools that have lost students.
The governorâs proposed budget features a 7% increase in general fund spending as well as a $1.2 billion in income tax cuts over the next three years.
It also cuts education funding by $389 million, largely due to the 50,000-student enrollment decline during the pandemic.
âWe are not going to fund empty seats,â said the governor of the cut in per-student enrollment funding due to the enrollment declines.
The comment set off a backlash from many educators, who have been struggling with the impact of the pandemic.
Wildfire prevention.
However, as reported by the Yellow Sheet, Mr. Ducey’s budget has two major reasons for serious minded individuals and legislators to pause. They are:
A reliance on the federal government to supply stimulus aid to fill the funding holes in areas like K-12 and Higher Education that the Governor does not want to do with state monies.
In other words, Ducey does not mind big government expenditures as long as he is not the one doing the spending.
A tax cut in the middle of a health pandemic. Ducey’s budget calls for a $1.2 billion tax cut over three years. Mr. Ducey clearly has not learned the lessons of Kansas and recent American Economic History.
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