Grand Island Independent on March 11: Fiscally responsible choices ensure future
Today lawmakers find themselves in an eerily familiar spot — at the tail end of a four-year cycle of revenue growth, sitting on a strong rainy day fund and faced with calls for tax cuts and new spending. But the last time we were in this seemingly enviable situation, the state quickly found itself slipping down a hole that we still are digging out of, thanks in large part to decisions made just before the “Great Recession.”
History shows that now is a good time to budget conservatively by maintaining a strong cash reserve and avoiding shortfalls that will hamstring future Legislatures.