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Joe Lombardo on Budget & Economy

 

 


I instructed my cabinet to say NO to more spending

Last month I declined to include millions of dollars in state agency requests for more funding in this budget. Many of the proposed program enhancements were thoughtful but now is exactly the wrong time to strap more burden on the backs of hardworking Nevada families. So, I held the line. Considering the added financial pressures Nevada families are feeling, I instructed my cabinet to lock in the resolve to say NO to more spending….and YES…. to more accountability and resourcefulness.
Source: 2025 State of the State Address to the Nevada legislature , Jan 15, 2025

We're buying with cash instead of credit

My budget not only lowers the tax burden on working families and businesses, but it also reserves more than $1 dollar in savings for every new dollar in general fund spending. Not a penny of the State's one-time surplus will be used to fund any recurring programs. My budget saves taxpayers over $260 million dollars in interest payments on bonds, enabling us to, among other things, create more construction jobs in future years. In simple economic terms, we're buying with cash instead of credit.
Source: 2023 State of the State Address to the Nevada legislature , Jan 23, 2023

Diversify state economy beyond mining and casinos

Lombardo also said it is important to diversify the state's economy and have a tax environment conducive to bringing new companies into the state, particularly manufacturers. "You got to do a little bit more than mining and casinos," Lombardo said. "Do we have a tax environment for [new companies]? Currently, we do. I believe if what's-his-name gets re-elected, we won't."
Source: The Nevada Independent on 2022 Nevada Gubernatorial race , Nov 3, 2021

Other governors on Budget & Economy: Joe Lombardo on other issues:
NV Gubernatorial:
Aaron Ford
Adam Laxalt
Dean Heller
John Jay Lee
Michele Fiore
Steve Sisolak
NV Senatorial:
Adam Laxalt
Catherine Cortez Masto
Jacky Rosen
Jim Marchant
Sam Brown

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