Wednesday, January 14, 2004
The Clarion-Ledger's Sid Salter writes today: "Coupled with the state's money problems is the political reality that Barbour, Lt. Gov. Amy Tuck, House Speaker Billy McCoy and the vast majority of lawmakers in both houses ran for election or re-election on the strength of a no-new-taxes platform. Barbour inherits 'built-in' expenses from the previous administration that include the latter phases of the $338 million, six-year phased teacher pay increases, economic development incentives to Nissan, Northrup Grumman and Howard Industries and state bonded indebtedness that approaches 7 percent of the state's general fund."