David Ige on Budget & Economy
We are spending more than we take in; fix the imbalance
Building our [home community] begins with sound and long-term financing. It means working both the income and spending sides of the ledger. I recently submitted a preliminary budget that maintains state programs at current spending levels based on two
While we work to correct that imbalance, we need to focus our available resources
on strategic investments that grow our economy and strengthen our social safety net. In other words, we need to use the funds we have more efficiently and leverage it whenever possible.
- First, we have fully committed our current funds to existing programs and services, and
- Second, we are spending more than we take in.
Federal officials tell me there is significant money--
about $940 million--available to the state for the right projects, proposed for the right reasons and at the right time. We also need to do a better job of collecting taxes already on the books.
Source: State of the State address to 2015 Hawaii Legislature
, Jan 26, 2015
Page last updated: Nov 24, 2017