The Senate passed a $26 billion measure Wednesday that would be distributed among states to ease their budget problems and save jobs of thousands of teachers and other public workers. Senator Mike Johanns voted against it.
“I voted against it for a whole host of reasons. What we really are doing here is bailing out states that mismanaged budgets. I’m not suggesting Nebraska. They have dealt with this recession remarkably well but we just bailed out California and New York.”
Senator Johanns says the federal government can no longer bail out states who mismanage their own money. The federal government is not their personal banker.
“The largest amount of money that states no get is not sales tax, its not income tax, its not property tax in some states, its federal money. Even though it is being touted as paid for, this year we will have an annual deficit of $1,200,000,000. It just doesn’t make any sense.”
Supporters of the measure say this money is coming from spending cuts and taxes on U-S companies operating overseas. They also say this is going to help taxpayers by claiming if this measure doesn’t go through, individual states will have to raise property taxes to make up the difference. Senator Johanns chuckles at that.
“Some are touting this will be property tax relief. If there is any Nebraskan that believes there is any bit of property tax relief, that property tax will go down because this, send me an e-mail. We would love to respond to you because this is just isn’t going to happen. God bless them. It is not going to happen.”
Nebraska share would amount to 59-million dollars and that would help retain about one-thousand teachers.
The house is now being called back from summer recess for an expected final vote next week before landing on the president’s desk.