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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 2014:
AL: Bentley(R) vs.Griffith(D)
AR: Ross(D) vs.Hutchinson(R) vs.Griffin(R,Lt.Gov.)
AZ: Ducey(R) vs.DuVal(D) vs.Mealer(AE) vs.Gilbert(L) vs.Riggs(R)
CA: Brown(D) vs.Kashkari(R)
CO: Hickenlooper(D) vs.Beauprez(R) vs.Tancredo(R) vs.Hess(L)
CT: Malloy(D) vs.Foley(R) vs.Walker(R,Lt.Gov.)
FL: Scott(R) vs.Crist(D) vs.Snitker(L,Lt.Gov.)
GA: Deal(R) vs.Carter(D) vs.Hunt(L)
HI: Ige(D) vs.Aiona(R) vs.Abercrombie(D)
IA: Branstad(R) vs.Hatch(D) vs.Hoefling(R)
MA: Coakley(D) vs.Baker(R) &Polito(R,Lt.Gov.) vs.Grossman(D) vs.Berwick(D)
ME: LePage(R) vs.Michaud(D) vs.Cutler(I)
MI: Snyder(R) vs.Schauer(D)
NM: Martinez(R) vs.King(D)
NY: Cuomo(D) &Hochul(D,Lt.Gov.) vs.Astorino(R) vs.Hawkins(G) vs.Teachout(D)
OK: Fallin(R) vs.Dorman(D)
PA: Corbett(R) vs.Wolf(D) vs.Schwartz(D,lost primary) vs.Critz(D,Lt.Gov.,lost primary)
Up for re-election 2014:
AK-R: Sean Parnell
AL-R: Robert Bentley
CA-D: Jerry Brown
CO-D: John Hickenlooper
CT-D: Dan Malloy
FL-R: Rick Scott
GA-R: Nathan Deal
HI-D: Neil Abercrombie
IA-R: Terry Branstad
ID-R: Butch Otter
IL-D: Pat Quinn
KS-R: Sam Brownback
ME-R: Paul LePage
MI-R: Rick Snyder
MN-D: Mark Dayton
NH-D: Maggie Hassan
NM-R: Susana Martinez
NV-R: Brian Sandoval
NY-D: Andrew Cuomo
OH-R: John Kasich
OK-R: Mary Fallin
OR-D: John Kitzhaber
PA-R: Tom Corbett
SC-R: Nikki Haley
SD-R: Dennis Daugaard
TN-R: Bill Haslam
VT-D: Peter Shumlin
WI-R: Scott Walker
WY-R: Matt Mead

Term-Limited or Retiring 2014:
AR-D: Mike Beebe
AZ-R: Jan Brewer
MA-D: Deval Patrick
MD-D: Martin O'Malley
RI-I: Linc Chafee
TX-R: Rick Perry
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Election 2013:
New Jersey:
NJ-R: Chris Christie (won)
NJ-D: Barbara Buono (lost)
Virginia:
VA-R: Bob McDonnell(Retiring)
VA-R: Ken Cuccinelli (lost)
VA-D: Terry McAuliffe (won)

 

Page last updated: Oct 07, 2014