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Haley Barbour on Budget & Economy

Republican MS Governor


Pay off $700M deficit with no new taxes nor funny money

When times were good Mississippi went on a spending spree. The Treasury bulged, and every interest group got the money it requested from the Legislature. Prioritizing in state government wasn’t seen as necessary; there was no “living within our means.”

When tax revenues slowed, the state began raiding special accounts & using one-time money to plug the hemorrhaging of red ink. That worked for a couple of years; but now the bill has come due & Mississippi finds itself in a $700 million budget hole.

Mississippi did not get into this budget crisis overnight, and it will not be fixed overnight. After examining what I found upon arriving in office two months ago, I offered an honest, straightforward plan to eliminate our shortfall in two years. My plan, “Operation: Streamline,” is based on simple principles:

Source: Governor’s Column Mar 9, 2004

Other candidates on Budget & Economy: Haley Barbour on other issues:
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Page last updated: Sep 04, 2011