Wednesday, January 19, 2011

Report: Nevada’s financial position ‘precarious’

This report by the NPRI points out how Nevada legislators have been ignoring state law. This is a problem at all levels of government.

This article states
The Chicago-based Institute for Truth in Accounting today called the financial position of the State of Nevada "precarious" and said past Silver State governors and legislatures had evaded the state's balanced-budget law.

"If governors and legislatures had truly balanced the state's budget, no taxpayer's financial burden would exist," said Sheila Weinberg, founder and CEO of the Institute. "A state budget is not balanced if past costs, including those for employees' retirement benefits, are pushed into the future."
It is not only our state that is in trouble. Our country is over 14 trillion dollars in debt because it spends more than it receives in income. It doesn't make any difference if the Republicans are in control or the Democrats are in control, they both spend our money.

We have to elect conscientious legislators and then hold them responsible for following our laws. It is time for a strong third party.

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