Quick
facts on the Runaway Spending Amendment
Its sponsors in the Legislature call it “The Budget Reform
Amendment.” But see if this sounds like real reform to you:
- It does not require the Legislature to pass the budget on time.
In fact, it puts a “contingency budget” in place
as soon as they fail to do so!
- It snuffs out the reform that holds up the Legislature’s
paychecks when they have failed to pass the budget on time.
- If — but only if — the Legislature fails to pass
the budget on time, it takes away the Governor’s power
to draft a balanced budget. And turns over full budget writing
authority to the Legislature. They would be in control.
Why would they ever pass an on-time budget again?
There’s more:
- The Legislature could then draft its new budget in secrecy.
- And they would have no requirement to draft a balanced budget.
This fact sheet is available in PDF format at www.hightaxesnewyork.com/factsheet.pdf.
The Legislature has added $12 billion to the governor’s
budget in the last 10 years. Give them total control of the budget,
and it will mean one thing only:
|
Does this
sound like Budget Reform to you? |
 It
does not require that the Legislature pass an on-time
budget.
It gets rid of the
requirement that lawmakers lose their paychecks
when the budget is late.
And if the Legislature
fails to pass an on-time budget, the Assembly and
the Senate take control of the budget-writing process.
The Legislature has
already added $12 billion to the budget in just
10 years. More budget power for the Legislature
means more spending, which means more taxes. Is
that what New York needs? |
This November,
vote"NO"
on Proposal One - The Runaway Spending Amendment |
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