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To: RS
RS said: "Get your facts right... vouchers are used only if there is not a budget in place - which there is - not a good one, but it's there. "

Even with a "budget", let's assume that the so-called deficit bonds don't happen and the tripling of the car tax is not allowed, how does the State provide cash for payments that exceed its revenue? Is there a short term line of credit available for this purpose and can it be exceeded? There must be a limit somewhere.

540 posted on 08/12/2003 11:51:40 PM PDT by William Tell
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To: William Tell
Yep- Worse case, state goes bankrupt and all the bad deals and union contracts Davis signed get legally tossed

... or is that the Best case ?
548 posted on 08/13/2003 12:02:17 AM PDT by RS (nc)
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