COLUMN: Hornback says last week’s efforts were focused on budget

While we passed several important bills last week, my efforts were centered on reviewing the House’s proposal, House Bill 265, for the state’s two-year budget. Each year, spending will be roughly $9 billion or $18 billion total over the two-year budget cycle. The Senate proposal carries about 6.58% authorized debt which is lower than the House’s proposal of 6.8% and even lower than the Governor’s proposal of 7.1%.  The Senate’s budget puts more money into the Rainy Day Fund and significantly lowers the state’s structural imbalance.

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