Matt Mead on Budget & Economy



Navigated recession while shrinking state government

Looking back at the last few years, we can see our state has navigated some hurdles:Clearing these hurdles allows us now to enjoy economic growth, higher revenue than was forecasted, and resilient communities. As a state, we have made remarkable progress. Achievements include:
  • improved infrastructure;
  • major broadband expansion--700% growth in access for students;
  • a pro-growth economic climate, nurtured by outreach efforts, targeted incentives, and support for communities, public-private partnerships, and local economic development groups; and
  • more efficient government through merging agencies, consolidating technology services, and reducing the state workforce and state rules.Regarding the workforce, in 2013 we have almost 300 fewer employees than we did when I took office. We are doing more with less.
    Source: 2014 State of the State address to Wyoming Legislature , Feb 10, 2014

    Reduce the budget & build up the rainy-day account

    Governor Mead's recommendations to the Legislature include:
    Source: Press Release on 2013 Wyoming State of the State Speech , Jan 9, 2013

    We need to live within our means

    Gov. Mead says the latest forecast from Wyoming's Consensus Revenue Estimating Group shows the state's economy is stable. However, Gov. Mead is concerned because the CREG is forecasting that revenue will flatten out or slightly decrease in the future.

    "I believe everyone in the state has to adjust to the fact that the days of big revenue spikes are likely behind us and we need to live within our means," Governor Mead said. "It is fortunate that the energy industry has led Wyoming out of the recession, but I recognize the national economy is fragile, and because of that, it cannot withstand energy prices going much higher."

    "Our revenue is still coming in at rates below what Wyoming saw in 2008," Governor Mead said. "This certainly shows that there are tough decisions ahead as I put together a budget and work with the Legislature this winter."

    Source: 2011 gubernatorial press release, "CREG Forecast" , Oct 24, 2011

    Other governors on Budget & Economy: Matt Mead on other issues:

    WY Senatorial:
    Charlie Hardy
    John Barrasso
    Liz Cheney
    Michael Enzi

    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)
    Newly-elected 2014:
    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
    PA-D: Tom Wolf
    RI-D: Gina Raimondo
    TX-R: Greg Abbott

    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
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    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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    Page last updated: Nov 29, 2014