Presentation on the New Hampshire Economy
Below is the presentation given by Charlie Arlinghaus to the Joint House and Senate Fiscal and Weighs and Means Committees on December 16, 2011
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Below is the presentation given by Charlie Arlinghaus to the Joint House and Senate Fiscal and Weighs and Means Committees on December 16, 2011
By Charlie Arlinghaus November 2011 As originally published in the New Hampshire Union Leader In many ways, most of what those of us on the right are trying to achieve today is just recycling the efforts of John Sununu from thirty years ago. It is fitting that he is being honored next week as an […]
Odd as it may sound, in the next big budget battle the state government could learn a lesson from Washington in how to balance our books. In transportation spending, the state government regularly plans on spending much more than it has available. The state should reverse this practice and turn the highway plan from a wish list back into a plan.
The federal government may make significant cutbacks to the gas taxes it sends back to New Hampshire but who can blame them? Last year, like most years, the Highway Trust Fund took in $35 billion of revenue but authorized spending of $50 billion. That tells you just about all you need to know about how Washington works.
These slides are from Charlie Arlinghaus’s seminar for policymakers on the basics of the state budget, how its organized, where to find information and how to become your own state budget expert. [powerpoint http://www.jbartlett.org/wp-content/uploads/2011/07/BudgetBasics2010.ppt]
Politicians are incapable of doing the right thing on their own. Without some sort of artificially imposed rules, they will continue along in their hapless way on the road to destroying the country. The federal budget is a problem that can only be solved by going back to the 1980s.
By Charlie Arlinghaus June 16, 2010 As originally published in the New Hampshire Union Leader New Hampshire’s financial crisis is worse than at anytime in its history not because of outside forces but because of an internal refusal to admit it has a problem and to change its behavior as a result. The only two […]
By Charlie Arlinghaus May 2011 With ten of the twelve months of revenue collected for Fiscal Year 2011, revenues are on track to be $54.6 million short of the budgeted amount. The shortfall will not only require action to balance the last budget but also reduces the base used to project revenue growth for the […]
State budget numbers can are particularly confusing in making any comparison with fiscal years 2010-2011 because stimulus money is accounted for in different ways in different documents. As part of explaining the numbers behind the state budget, we have devloped a few spreadsheets to explain the proposed budget changes.
After months of discussion about the exact size of the historic deficit we face next year, the news is filled suddenly with reports of a surplus. Did something change or are we just in the middle of election season? The short answer is things haven’t changed but the easiest distraction from bad news is to ignore it completely. The deficit is still huge. It will dominate the state’s financial future. And, paradoxically, we have a mid-budget surplus for the same reason we face a huge deficit.
Charles M. Arlinghaus October 6, 2010 Originally published in the New Hampshire Union Leader After months of discussion about the exact size of the historic deficit we face next year, the news is filled suddenly with reports of a surplus. Did something change or are we just in the middle of election season? The short […]