Category

Federal Money

Preparing for the Fiscal Challenges Ahead

By Federal Money, Fiscal Responsibility, Governance No Comments

A bill package called Financial Ready Utah is being presented to the Utah Legislature. Senators Henderson, Harper and Osmond recently held a press conference to explain the purpose of the legislation is to prepare Utah to be lesss dependent on federal money. We cannot just sever ourselves from all federal funds, and I am not sure that we will ever want to do that. But we certainly need to be more cautious about how much we are accepting and the strings and requirements that come with the federal money we do accept. We need to be more self-sufficient and be less dependent on federal money. This move from dependency needs to be happening on every level right down to our families.
Here is a link to the press conference and the seven bills being proposed to move us in this direction.

The Financial Ready Utah website has been prepared in conjunction with these ideas. Here is the link:
This is an interactive website. Please contribute your ideas on frugal living and debt reduction and help spread the word.

Senate president Wayne Niederhauser, House Speaker Rebecca Lockhart, Richard Ellis the State Treasurer and John Dougall the Utah State Auditor, co-authored an article encouraging everyone to be involved in preparing for the upcoming financial challenges.

We continue to work on our job of oversight of our state funds. In order to help you understand how the Utah State Budget is divided out, I’ve provided a graphic. As you can see the majority of the budget is oversight through careful management of resources and working to fund essential services. Changes in federal funding, and managing our explosive growth while trying to meet the current needs present a real challenge.
[frame src=”https://curtbramble.org/wp-content/uploads/2013/02/UtahBudgetAllocation_Graphic_600.png” width=”600″ height=”” lightbox=”on” ]

Utah’s Economy, Healthcare Issues and Following the Legislature

By Economy, Federal Money, Legislative Update, State Budget, Transparency No Comments

Utah’s Strong Economy

Helping you stay informed and educated.

Here are my thoughts about upcoming legislation that keeps our state healthy for the long term. I hope you will watch:

Sound Policy and Sound Management

Utah continues to recover from the last recession in an admirable position, #4 in the nation.

Here are a few statistics that may be of interest:

Unemployment decline from recession peak: 3.1 percentage points
Peak unemployment: 8.3%
Current unemployment: 5.2% (tied-5th lowest)
GDP growth 2011: 2.0% (8th highest)

You can read more about Utah’s recovery in the The States That Recovered Most (and Least) from the Recession.

For the third year in a row, Forbes named Utah as America’s “Best State for Business”. Since 2006, our economy’s annual expansion rate has averaged at 2.3%. The national average for the same years is .05%. Our energy costs, which are 27% below the national average and the fact that we are one of only seven states who still has an AAA bond rating–something that even the United States no longer has–are two of the factors that have given us that number one ranking. Here is the link to Forbe’s article Utah Tops the list of Best States for Business.

I am optimistic about our revenue because of our sound management practices. We are a well-managed state, however, we are still part of the national economy. The federal government currently borrows 46 cents of every dollar they spend. That is not sustainable. 40% of Utah’s spending is from federal money, so that means that just over one-third of what we use as spending money on our state programs comes from a source that is not financially sound and over which that we have no control. As a result, we must be especially prudent. It seems that the wisest thing to do right now is adopt a “wait and see” approach until we see what happens at the federal level before approving new expenditures.

Healthcare’s Challenge

Another area of focus will be healthcare options. The health exchange system created by Utah several years ago was just given preliminary approval by the federal government. I am pleased that we have been granted that provisional waiver. It gives us some options we would not otherwise have had. However, the final decision has not been made as to which exchange system we will use.

Currently there are two camps of thought on this subject. One is that Utah can indeed do this on our own. We have done a good job with what we have done so far. Our health exchange (called Avenue H) is market based, which is important for our economy and if we take this option we will have the flexibility to make the program work for the individual needs of our state. The other line of thought is that the mandate for health care was a federal initiative and therefore the federal government should have to deal with the implementation and administration and any problems that come with that.

Utah is under a rather intense time frame to make this critical decision. If we do decide to use our own exchange, it will actually take quite a bit of work and money to get it to exactly the point where the federal government will fully accept it.

As you can see there will be many things to consider. I will do my best to represent you in the decisions we need to make.

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Tracking Bills in the Session

The bills to be discussed during the session are being written everyday. If you would like to keep track of any sort of legislation or any particular bill you can do it very easily on our website. Here is the link to the bill search page.

There are plenty of ways for you to keep track of what is going on during the session.

Every floor session of both houses is live streamed and every committee meeting is broadcast. The links will be on the main web page each day under the Audio/Video tab. (On that same tab you can even hear archived recordings from past sessions.)

You can follow the Senate on Facebook or the Senate Republicans on Facebook.

Here is my Facebook page.

The Senate Twitter handle is @utahsenate.
The Senate Majority Twitter handle is @utahsenategop.

The Senate also has a blog where you can read some more in-depth explanations about what we are doing and leave your comments.

Click this link to email me. My phone is 801-361-5802.

Let me know if you have any concerns or questions. Because session can get very busy, please be patient if it takes me a while to respond. I will do my very best to answer whatever question you have as soon as possible.

We are working harder than ever to make government open, transparent and accessible.

It is an honor to represent you. In my next email home, I’d like to introduce you to some of the bills and issues, I’m working on including an additional measure to increase accessibility for the public to public records through enhanced GRAMA efforts.

Obamacare Impacts on Utah

By Federal Money, Governance, Legislation No Comments

How Utah will handle the new healthcare requirements is another upcoming issue that will affect state funds and policy on several levels.

The federal government has promised the States information about how the Affordable Care Act Exchange (Obamacare) will operate and how it will be funded. But we have not been given that information yet. Even without that important decision-making information, States have been given deadlines to make a choice. They can create their own exchanges, where they are allowed to manage a very small portion of the program or they can simply participate in the insurance exchange created by the federal government.

Regardless of which option a state chooses, federal approval must be obtained and by January 2015, each state must bear all operating expenses.

If it were possible, preserving state control and running our own independent insurance program would be a top priority, but that is no longer an option.

It does not seem prudent for Utah to allocate our precious state tax dollars to help create a massive federal program that does not reflect Utah’s health reform initiatives. The funding and resources needed to develop this federal program should not be borne by Utah’s citizens.

I will keep an open mind as we receive more information and the discussion continues, but at this point it seems the most practical and economical solution is to let the federal government be in charge of funding the creation and implementation of their own program.