So there's been a. The budget continues to balloon. Should that be adjusted what the baseline is as far as the volatility cap, like I said, look what happened in 08 09. We lost 25% of our revenues in less than a year [in 08-09]. But it's not hamstringing us so much. We've increased investments every year. The three years, five years before I got here, they held not for profits, flat muni aid and education and you know, we've been able to increase that. (03:52–03:58)
CLAIM
Asserts that the state lost 25% of its revenues in less than a year during 2008-2009.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
