2007 Governor's State of the State speeches: on Budget & Economy


Ted Strickland: Slowest Growing Budget in 42 Years

Over the two-year span of the budget, spending will increase a modest average of 2.2 percent annually. That’s lower than any budget in the last 42 years. Eleven state agencies will absorb a funding cut over the biennium, and 20 others will make do without any additional funding. Making these tough choices allows us to target our resources to address our greatest needs and our greatest opportunities.
Source: 2007 State of the State Address Mar 14, 2007

Martin O`Malley: Limit budget growth to below inflation

Facing structural deficits amounting to more than $4 billion in the years to come, I ask you to approve a rate of growth in this year’s budget that is just 2.5%--now that is lower than the rate of inflation, and it is lower than last year’s 12% rate of growth in government spending, and it is lower than 9 of the last 10 state budgets.
Source: 2007 State of the State Address Jan 31, 2007

Jim Gibbons: Raise the amount of protection for property by $200k

I am proposing a major improvement to the Homestead Act by raising the amount of protection for property from $350,000 to $550,000 due to escalating home prices. I am proposing to do away with the fee for filing a homestead exemption for your primary property, instead allowing homesteading for 2nd residences or vacation homes with a voluntary fee of 1/10 of 1% This will stimulate real estate investment in Nevada and potentially create new revenue to be shared between the counties and the stat
Source: 2007 State of the State Address Jan 22, 2007

Sarah Palin: Aim to reduce general fund spending by $150 million

I have established an aggressive goal of reducing general fund spending by $150 million dollars. This takes tremendous effort by staff as well as the cooperation of the Legislature. On the savings side, by depositing our one-time surplus of $1.8 billion dollars, we’ll build our savings account to nearly $4.3 billion dollars. It’s a necessary step to ensure that we can fund essential services tomorrow; and avoid massive “single year” cuts down the road, if and when, faced with tougher times.
Source: 2007 State of the State Address to 24th Alaska Legislature Jan 17, 2007

  • The above quotations are from 2007 Governor's State of the State speeches.
  • Click here for definitions & background information on Budget & Economy.
  • Click here for other issues (main summary page).
  • Click here for more quotes by Eliot Spitzer on Budget & Economy.
  • Click here for more quotes by Sarah Palin on Budget & Economy.
Candidates and political leaders on Budget & Economy:

Retired Senate as of Jan. 2015:
GA:Chambliss(R)
IA:Harkin(D)
MI:Levin(D)
MT:Baucus(D)
NE:Johanns(R)
OK:Coburn(R)
SD:Johnson(D)
WV:Rockefeller(D)

Resigned from 113th House:
AL-1:Jo Bonner(R)
FL-19:Trey Radel(R)
LA-5:Rod Alexander(R)
MA-5:Ed Markey(D)
MO-9:Jo Ann Emerson(R)
NC-12:Melvin Watt(D)
SC-1:Tim Scott(R) 		Retired House to run for Senate or Governor:
AR-4:Tom Cotton(R)
GA-1:Jack Kingston(R)
GA-10:Paul Broun(R)
GA-11:Phil Gingrey(R)
HI-1:Colleen Hanabusa(D)
IA-1:Bruce Braley(D)
LA-6:Bill Cassidy(R)
ME-2:Mike Michaud(D)
MI-14:Gary Peters(D)
MT-0:Steve Daines(R)
OK-5:James Lankford(R)
PA-13:Allyson Schwartz(D)
TX-36:Steve Stockman(R)
WV-2:Shelley Capito(R) 		Retired House as of Jan. 2015:
AL-6:Spencer Bachus(R)
AR-2:Tim Griffin(R)
CA-11:George Miller(D)
CA-25:Howard McKeon(R)
CA-33:Henry Waxman(D)
CA-45:John Campbell(R)
IA-3:Tom Latham(R)
MN-6:Michele Bachmann(R)
NC-6:Howard Coble(R)
NC-7:Mike McIntyre(D)
NJ-3:Jon Runyan(R)
NY-4:Carolyn McCarthy(D)
NY-21:Bill Owens(D)
PA-6:Jim Gerlach(R)
UT-4:Jim Matheson(D)
VA-8:Jim Moran(D)
VA-10:Frank Wolf(R)
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Page last updated: Nov 30, 2018