So, we have an even bigger surplus than projected. It looks like a quarter is directly attributable to oil and gas revenues, and one suspects that even more is responsible indirectly. This shows us just a bit of what Montana could have if we were to get serious about energy development.
Not surprisingly, Sen. Roy Brown had one of the most trenchant comments about the "underspending" by state government -- spun by the governor as intentional "belt-tightening." Yeah. Right.
Brown: "The fact that state agencies were unable to spend at least $14 million should tell Montanans just how bloated the last budget was. The budget is growing so fast that state agencies couldn't keep up and spend it all, and that's not something to be proud of."
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