Yesterday, Tim Kaine announced another adjustment due to his horrible budgeting skills, and attempted to blame others. State Senator Mark Obenshain had a few words to say about Kaine’s blame game on his Facebook page.
“I stood before you in August 2007 and told you that Virginia’s housing market was in decline and that we needed to take steps to reduce spending. Many people didn’t agree with my warning about our economic situation then,” Kaine said.
No one anticipated the severity of the economic downturn to come, though, he added.
Kaine is engaging in more than a little revisionist history, according to Sen. Mark Obenshain, R-Harrisonburg.
“Amazing,” Obenshain wrote in a Facebook note during a recess in Wednesday’s special session. “This is the same governor who has not been able to hit the broad side of a barn with his budget [and] revenue projections.”
Because they’re not allowed to serve consecutive four-year terms, Virginia governors only get one biennial budget that is completely under their control.
“Virginia’s 2008-2010 budget — Kaine’s only budget — has been plagued by indefensible revenue projections from day one, when Kaine’s then-Secretary of Finance, Jody Wagner, predicted revenue projection in excess of 6 percent per annum,” Obenshain wrote.
Wagner, now the Democratic nominee for lieutenant governor, has defended her team’s economic forecasts, arguing that the economic downturn was more severe than anyone could have anticipated.
Indeed, economic conditions weren’t nearly as rosy as the projections suggested.
“Shortly before we reconvened in January, with half of [fiscal year] 2009 already behind us, the Kaine administration predicted that the year’s total revenue decline would be 4.8 percent,” Obenshain said.
Kaine’s team revised the numbers down again later, but told legislators that “our tax revenues would turn on a dime and would begin to grow at a 4.5 percent rate beginning in July. It has not,” Obenshain said.
Thanks, Senator, for pointing out this hypocrisy.