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Earl Ray Tomblin on Budget & Economy

 


We will not impose financial burdens on future generations

I've learned how incredibly important it is to be a good steward of the people's money. And how important it is to say yes when you can, and being strong enough to say no when you can't. That's the key to fiscal responsibility.

My fellow West Virginians, make no mistake, the State of our State is strong. We pay our bills on time and we've invested in our future by continuing to work together as we face future challenges. We will not impose financial burdens on future generations. In fact, our reserve fund is one of the healthiest in the nation.

We did not get here by accident--we got here with planning, patience and foresight. Our Rainy Day fund has a savings of over $920 million and it has helped protect and improve the state's credit rating for over 20 years.

Source: 2014 West Virginia State of the State speech , Jan 8, 2014

Deficit borrowing just kicks the can down the road

Too many people have stopped looking for work, and too many people are unemployed. As leaders of our State, we have a responsibility to fight for jobs, to foster job creation, and to be good stewards of taxpayer resources. We must continue to keep our taxes and cost of doing business low, and this is particularly true when times are tough.

It all starts with our obligation to adopt a budget [which] is balanced, with no new taxes. This time last year, we predicted a deficit that totaled nearly $400 million. Staying true to the hallmark of our fiscal responsibility, my administration began the task of closing that shortfall. Unlike the federal government, we did not kick the can down the road by borrowing money or allowing deficits to mount. We told our agencies, almost a year ago, to do more with less. We challenged them to be smart, be efficient, and be prepared to cut their budgets. In tightening our belts, we realized that some of our programs and services should not face budget reductions.

Source: 2013 State of the State Address to W.V. Legislature , Feb 13, 2013

2011 budget: balanced; no new taxes; no new fees

Source: 2011 W.V. State of the State Address , Jan 12, 2011

Other governors on Budget & Economy: Earl Ray Tomblin on other issues:

WV Senatorial:
Joe Manchin III
John Buckley
Natalie Tennant
Pat McGeehan
Shelley Moore Capito
Zane Lawhorn

Gubernatorial Debates 2015:
KY: Conway(D) vs.Bevin(R)
LA: Vitter(R) vs.Dardenne(R) vs.Edwards(D)
MS: Bryant(R) vs.Slater(D)
Gubernatorial Debates 2016:
DE: Bonini(D) vs.Carney(R)
IN: Pence(R) vs.Gregg(D)
MO: Hanaway(R) vs.Brunner(R)
MT: Bullock(D) vs.Perea(R)
NC: McCrory(R) vs.Cooper(D) vs.Spaulding(D)
ND: Dalrymple(R) vs.Heitkamp(D) vs.Pomeroy(D)
NH: Hassan(D) vs.Bradley(R)
OR: Brown(D)
UT: Herbert(R) vs.Matheson(D)
VT: Shumlin(D)
WA: Inslee(D) vs.Bryant(R)
WV: Kessler(R) vs.Cole(D)
Newly-elected governors (first seated in Jan. 2015):
AK-I: Bill Walker
AR-R: Asa Hutchinson
AZ-R: Doug Ducey
IL-R: Bruce Rauner
MA-R: Charlie Baker
MD-R: Larry Hogan
NE-R: Pete Ricketts
OR-D: Kate Brown
PA-D: Tom Wolf
RI-D: Gina Raimondo
TX-R: Greg Abbott

Lame ducks 2015-16:
DE-D: Jack Markell
(term-limited 2016)
KY-D: Steve Beshear
(term-limited 2015)
LA-R: Bobby Jindal
(term-limited 2015)
MO-D: Jay Nixon
(term-limited 2016)
VT-D: Peter Shumlin
(retiring 2016)
WV-D: Earl Ray Tomblin
(term-limited 2016)
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Page last updated: Jun 29, 2015