(Wyo)-More Spending Possible In Wyoming
The Wyoming Legislature convened for its' 8-week session in Cheyenne on Tuesday and leaders hinted they will be less insistent on cutting spending than they've been over the past several years in response to the steep downturn in the coal, oil, and natural gas industries.
House Speaker Steve Harshman in his opening address pointed out that budget cuts in recent years included a $400 million reduction in state spending and reducing the state workforce to the smallest number in a decade
State revenue from extracting fossil fuels, including natural gas, is on the rebound and Harshman said Wyoming can't simply "cut its way to prosperity."
Senate President Drew Perkins wasn't as direct in his opening remarks, but said while Wyoming lawmakers still need to exercise fiscal restraint, they should also look at modernizing the state's tax structure.
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