The state House’s so called “deficit mitigation” bill passed unanimously but ran into a problem in the Senate, where Republicans opposed the measure on a party line vote. The bill draws $373.3 million from President Obama's federal stimulus package and $281.7 million from the state’s "rainy day fund'' for fiscal emergencies. It incorporates $280.6 million in dubious temporary cuts and revenue increases, $50 million in contract cancellations by the governor, $49.2 million in labor savings yet to be negotiated with state-employee unions and $40 million in federal Medicaid funds. It is important to pause here and notice that deficit mitigation relates only to the current hole in the bottom of the state’s treasury; the Damoclean sword hanging over the heads of both legislators and the governor is a hefty $8 billion projected “shortfall” in revenues. The word “mitigation” is a euphemistic fig leaf that hopefully will not signal to taxpayers that the state has a gaping hole ...
go home from us in peace. We seek not your counsel or your arms. Crouch down and lick the hand that feeds you;
may your chains set lightly upon you, and may posterity forget that ye were our countrymen!"
--Samuel Adams