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Budget & Spending

Legislature needs to cut costs, Akina advises on KITV4

KITV4 reporter Paul Drewes interviewed Keli’i Akina, president of the Grassroot Institute of Hawaii, on Wednesday, May 13, to get the institute’s views about legislative plans for Hawaii’s state budget. Considering that the COVID-19 crisis has decimated Hawaii’s economy, causing state tax revenues to dry up, Akina advised: “The Legislature

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Testimony on HB2200, HD1, relating to the state budget

This is the testimony submitted by the Grassroot Institute of Hawaii regarding HB2200, HD1, aka the Supplemental Appropriations Act of 2020, for consideration by the Hawaii Senate Committee on Ways and Means at its meeting on Monday, May 11, 2020. _______________ May 11, 2020 10:30 a.m. Hawaii State Capitol Auditorium

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Hawaii ERS headed for disaster, if economy keeps heading south

The following was issued as news release by the Grassroot Institute of Hawaii on April 28, 2020. ________________ Major reforms could help the pension system honor its promises HONOLULU, April 29, 2020 >> If you think Hawaii’s unfunded public pension liabilities of $14 billion[1] are daunting now, brace yourself for what they could

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How to rescue Maui from the coronavirus recession

This commentary was published originally in The Maui News on April 24, 2020. ___________ Maui County’s economy is in trouble because of the coronavirus recession, but there are ways to turn that around, if only our state and county lawmakers would get out of the way. On a per capita

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‘Coronavirus recession’ a reality check

Now that the coronavirus is officially a pandemic, politicians everywhere are scrambling to respond. While we applaud efforts to protect citizens’ health, there is another element that must be accounted for: the virus’ effect on Hawaii’s economy. Earlier this week, the Economic Research Organization at the University of Hawaii (UHERO)

Read More →

Hope for the best, prepare for the worst

Emergency preparedness in Hawaii usually means being ready to handle lava, hurricanes, tsunamis and floods. But there are other hazards to watch out for as well. This week all worries concerned the coronavirus. The U.S. stock market tumbled, and around the world travel is being suspended and events postponed. For Hawaii,

Read More →

‘Coronavirus recession’ could put Hawaii in $3.8 billion hole by 2025

NEWS RELEASE from the Grassroot Institute of Hawaii Reckless state spending is exhausting our emergency reserves HONOLULU, Feb. 25, 2020 >> Gov. David Ige’s budget for fiscal 2021 could result in a $3.8 billion state deficit by fiscal 2025, if a prolonged recession caused by the coronavirus should hit, according to the Grassroot Institute

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Dan Mitchell outlines case for state spending cap

Economist Dan Mitchell gave two outstanding presentations via teleconference technology this past week, on Wednesday, Feb. 12, to an audience on Maui and the other on Friday, Feb. 14, on Oahu. Both events were sponsored by the Grassroot Institute of Hawaii. Communicating with us from Washington, D.C., Mitchell explained the

Read More →

Legislature needs to cut costs, Akina advises on KITV4

KITV4 reporter Paul Drewes interviewed Keli’i Akina, president of the Grassroot Institute of Hawaii, on Wednesday, May 13, to get the institute’s views about legislative plans for Hawaii’s state budget. Considering that the COVID-19 crisis has decimated Hawaii’s economy, causing state tax revenues to dry up, Akina advised: “The Legislature

Read More →

Testimony on HB2200, HD1, relating to the state budget

This is the testimony submitted by the Grassroot Institute of Hawaii regarding HB2200, HD1, aka the Supplemental Appropriations Act of 2020, for consideration by the Hawaii Senate Committee on Ways and Means at its meeting on Monday, May 11, 2020. _______________ May 11, 2020 10:30 a.m. Hawaii State Capitol Auditorium

Read More →

Hawaii ERS headed for disaster, if economy keeps heading south

The following was issued as news release by the Grassroot Institute of Hawaii on April 28, 2020. ________________ Major reforms could help the pension system honor its promises HONOLULU, April 29, 2020 >> If you think Hawaii’s unfunded public pension liabilities of $14 billion[1] are daunting now, brace yourself for what they could

Read More →

How to rescue Maui from the coronavirus recession

This commentary was published originally in The Maui News on April 24, 2020. ___________ Maui County’s economy is in trouble because of the coronavirus recession, but there are ways to turn that around, if only our state and county lawmakers would get out of the way. On a per capita

Read More →

‘Coronavirus recession’ a reality check

Now that the coronavirus is officially a pandemic, politicians everywhere are scrambling to respond. While we applaud efforts to protect citizens’ health, there is another element that must be accounted for: the virus’ effect on Hawaii’s economy. Earlier this week, the Economic Research Organization at the University of Hawaii (UHERO)

Read More →

Hope for the best, prepare for the worst

Emergency preparedness in Hawaii usually means being ready to handle lava, hurricanes, tsunamis and floods. But there are other hazards to watch out for as well. This week all worries concerned the coronavirus. The U.S. stock market tumbled, and around the world travel is being suspended and events postponed. For Hawaii,

Read More →

‘Coronavirus recession’ could put Hawaii in $3.8 billion hole by 2025

NEWS RELEASE from the Grassroot Institute of Hawaii Reckless state spending is exhausting our emergency reserves HONOLULU, Feb. 25, 2020 >> Gov. David Ige’s budget for fiscal 2021 could result in a $3.8 billion state deficit by fiscal 2025, if a prolonged recession caused by the coronavirus should hit, according to the Grassroot Institute

Read More →

Dan Mitchell outlines case for state spending cap

Economist Dan Mitchell gave two outstanding presentations via teleconference technology this past week, on Wednesday, Feb. 12, to an audience on Maui and the other on Friday, Feb. 14, on Oahu. Both events were sponsored by the Grassroot Institute of Hawaii. Communicating with us from Washington, D.C., Mitchell explained the

Read More →