ALERTS CONTRIBUTE
 

Policy Research

 

HOW A MINOR STORM COULD BANKRUPT FLORIDA!

Here's one scary Halloween scenario that could easily come true; by trick or treat time, just past the hurricane seasons peak, Floridas state government easily could be bankrupt-- and it's tax payers realing from enormous new costs-- unless the legislature abruptly changes course.

 

Read more about Floridas growing insurance problems by going to these links:

http://www.jamesmadison.org/pdf/materials/637.pdf

http://www.jamesmadison.org/pdf/materials/625.pdf

http://www.jamesmadison.org/pdf/materials/626.pdf

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Florida Tax Watch Report on wasteful govewrnment spending by Florida Legislature

 

Despite a state budget that is almost $6 (turkey dollars by year) billion less than the one passed last year, the Florida Legislature included a significant number of member projects and other "budget turkeys" in the final budget transmitted to the Governor. Even in the midst of unprecedented revenue shortfalls, the budget contains earmarked funding for 132 appropriations identified in the 2008 Florida TaxWatch Turkey Watch Report. This year's report highlights $110 million
in projects that are recommended for veto.

 

http://floridataxwatch.org/research/index.php

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