Well, apparently now the Massachusetts House of Representatives has its own Information Minister in Rep. Kathi-Anne Reinstein, with duties very similar to those of her Iraqi predecessor. Jumping right in with both feet, the Rep/Minister today declared the House budget "balanced" and "a good budget." No better rejoinder can be crafted than this one, posted this evening by the State House News Service:
The House, which built its budget on an estimated $19.5 billion fiscal 2010 tax take and a 25 percent increase in the sales tax, passed the plan Friday night after spending the week adding about $600 million to its original $27.4 billion bottom line. Falling tax collections have led fiscal observers to questions the $19.5 billion base that Gov. Deval Patrick and the House relied on for their budget proposals. The Massachusetts Taxpayers Foundation, which estimated in December that tax receipts would top out at $18.5 billion in fiscal 2010, plans to revise its estimate downward by about $500 million this week. In a phone interview, MTF President Michael Widmer said, "It’s safe to say that the House budget’s about a billion and a half out of balance."A billion and a half out of balance, give or take a few hundred million. Built on a baseline that has been discarded by Governor Patrick and the state Senate. Larded with $600 million and a 25 percent sales tax hike.
Aside from all of that, though, this "good budget" is "balanced."