Pawlenty recommends borrowing money to deal with Minnesota's budget deficit
(higher than California's on a per capita basis) while telling Fox news how
wrong it is for the feds to continue borrowing money. Which way do you want
it Tim Pawlenty?
He's just another borrow-and-spend neocon who sucked a bunch of people into
believing he did them a favor by holding the line on income taxes while
driving their property taxes through the roof.
"Legislators gave a chilly reception Tuesday to Gov. Tim Pawlenty's
controversial proposal for long-term borrowing as a means of reducing the
state's budget deficit.
The proposal would issue bonds that would net the state $73 million in the
upcoming budget -- fresh revenue that could be used to forestall even deeper
cuts to health care, higher education and other services. But the funds
would come at a price: The state would have to repay as much as $.6 billion
over the next 20 years
"My grandchildren will be paying off this debt," said Rep. Jean Wagenius,
DFL-Minneapolis, at a committee hearing."
But Pawlenty expressed reservations about the cost of the plan and its
impact on the federal deficit, which has already grown to over $ trillion.
"I'm quite concerned about the federal government spending money it doesn't
have," Pawlenty said. "We're on an unsustainable path of deficit spending
You posted this in the Prius newsgroup--where it doesn't belong under
If you intended it to be here for whatever twisted reason, please just
That may seem a little harsh, but I have to agree - politics has not
improved any auto forum I have been in. I have been guilty of politicizing
auto forums in the past, and for those affected I apologize.