[speedgibson] Speed Gibson: Isn't this a Bonding Year?

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Posted by Speed Gibson:
Isn't this a Bonding Year?
http://speedgibson.powerblogs.com/posts/1204173231.shtml


   I haven't heard any Democrat or news account deny it, so I'll accept
   the GOP claim that the "Transportation" bill is indeed the largest tax
   increase in state history. Then I remembered that this isn't even
   supposed to be a budget year, just a bonding year.
   It's not like this was a carry-over. Spending for the biennium was
   increased about 9% in last year's session, well above inflation once
   again. Now it's what, about 11-12% higher?
   And they're not done yet. We have a deficit to close, probably another
   billion or so. There's a K-12 finance "reform" bill coming that
   reportedly will seek another billion. That and a "need" to compensate
   for the regressive taxes just passed clearly means the DFL will want
   more corporate and personal income taxes. With the new support of the
   excommunicated six House RINO's, only the DFL itself can prevent
   another record tax increase.