Sep 25 2009
The holdback
Officials in Oregon or Washington might actually breathe east at the amount, but the $150 million revenue shortfall – a result of the latest revenue estimates coming in lower than they were earlier in the year – is a tough nut for Idaho.
Today Governor C.L. “Butch” Otter did what he had to do in ordering cutbacks; he’s required to keep the budget balanced. It was a measured response, though, varying cutbacks by agency, and finding rainy day and other funds to cushion blows where he could. This wasn’t a meat ax, across-the-board deal. the cuts averaged 4% but varied considerably.
Overall reaction initially seems positive, or as positive as you can feel under the circumstances.
The video, by the way, comes via Idaho Public Television, which captured the packed press conference.
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