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New Revenues Must Not Be Used For Long-Term Spending Programs

The Delaware Business Roundtable agrees with Gov. Carney that it would be irresponsible for the General Assembly to add permanent – and unsustainable – state spending on top of a shaky fiscal foundation, despite improved revenue forecasts for the coming year. Delaware’s overall fiscal picture is clouded by unreliable and unpredictable revenue sources and ever-ballooning health, education and public employee expenses – and adding permanent new spending is a recipe for short-term political gains and long-term financial ruin. State lawmakers must remain focused on controlling Delaware’s fiscal destiny by focusing on long-term economic growth and exercise restraint in state spending. That’s why

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Delaware Business Roundtable

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Hockessin, DE 19707

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