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Budget & Spending

A troubling excess of optimism: Examining the Hawaii state budget

Ever wonder why think tanks that endorse fiscal restraint inevitably also promote government transparency? The Hawaii state budget–especially its projected expenditures–provide a perfect example. The Senate Minority Research Office recently completed an analysis of the state budget based on appropriations approved by the Legislature during the 2015 session. Almost immediately,

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I Can’t Believe He Said That!

For several years, the Tax Foundation has been beating up on “special funds.” These are hundreds of little (and in some cases, not so little) pots of money sprinkled throughout Hawaii’s departments, agencies, and other governmental units. Each fund has a stated purpose, and the agency to which it is

Read More →

How Sustainable is the State General Fund – FY 2014-21?

by Paul Harleman On September 17th, 2014, the Senate Minority Research Office published an article[1] that raised serious questions regarding the financial sustainability of the state’s general fund. The article projected that the state would have depleted its general fund cash reserves as early as FY 2016, if no major

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Your Ballot Explained: Issuing New Bonds

by Kelsey Winther When Election Day comes, voters never seem to get a chance to reduce government spending. Yet, there are always many options to increase it. One of the most common ways to increase expenditures is through authorizing the selling of bonds. This election is no exception. Two of

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Audio: Dr. Keli’i Akina freatured on Community Focus

Community Focus interviewed Dr. Keli’i Akina about Hawaii’s fiscal health. Dr. Akina briefly discusses the State’s budget, spending, and future plans. You can listen to the interview here: www.archive.org/details/KeliiAkinaEconomicFocusIntvw

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Dr. Akina Discusses Fiscal Responsibility with Community Focus

In an interview with Community Focus this week, Dr. Akina discussed Hawaii’s fiscal troubles–especially the severity of our unfunded liabilities, and the need for an approach that champions the free market and institutes “best practices” for a healthier state economy. Listen to the entire interview below.

Read More →

Hawaii in Critical Fiscal Condition

A nationwide study found Hawaii ranks number 43 nationwide as one of the states whose finances are reaching a critical point. The study, which was conducted by the Mercatus Center at George Mason University, considered and weighted a variety of financial indices, including cash solvency, budget solvency, long-run solvency, and

Read More →

A troubling excess of optimism: Examining the Hawaii state budget

Ever wonder why think tanks that endorse fiscal restraint inevitably also promote government transparency? The Hawaii state budget–especially its projected expenditures–provide a perfect example. The Senate Minority Research Office recently completed an analysis of the state budget based on appropriations approved by the Legislature during the 2015 session. Almost immediately,

Read More →

I Can’t Believe He Said That!

For several years, the Tax Foundation has been beating up on “special funds.” These are hundreds of little (and in some cases, not so little) pots of money sprinkled throughout Hawaii’s departments, agencies, and other governmental units. Each fund has a stated purpose, and the agency to which it is

Read More →

How Sustainable is the State General Fund – FY 2014-21?

by Paul Harleman On September 17th, 2014, the Senate Minority Research Office published an article[1] that raised serious questions regarding the financial sustainability of the state’s general fund. The article projected that the state would have depleted its general fund cash reserves as early as FY 2016, if no major

Read More →

Your Ballot Explained: Issuing New Bonds

by Kelsey Winther When Election Day comes, voters never seem to get a chance to reduce government spending. Yet, there are always many options to increase it. One of the most common ways to increase expenditures is through authorizing the selling of bonds. This election is no exception. Two of

Read More →

Audio: Dr. Keli’i Akina freatured on Community Focus

Community Focus interviewed Dr. Keli’i Akina about Hawaii’s fiscal health. Dr. Akina briefly discusses the State’s budget, spending, and future plans. You can listen to the interview here: www.archive.org/details/KeliiAkinaEconomicFocusIntvw

Read More →

Dr. Akina Discusses Fiscal Responsibility with Community Focus

In an interview with Community Focus this week, Dr. Akina discussed Hawaii’s fiscal troubles–especially the severity of our unfunded liabilities, and the need for an approach that champions the free market and institutes “best practices” for a healthier state economy. Listen to the entire interview below.

Read More →

Hawaii in Critical Fiscal Condition

A nationwide study found Hawaii ranks number 43 nationwide as one of the states whose finances are reaching a critical point. The study, which was conducted by the Mercatus Center at George Mason University, considered and weighted a variety of financial indices, including cash solvency, budget solvency, long-run solvency, and

Read More →