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Budget & Spending

Best way to generate taxes is through economic growth

If Benjamin Franklin had ever seen the Hawaii state budget, he’d have changed his famous quote to say that the only two things certain in life are debt and taxes. Especially these days, it’s as if local policymakers can think of nothing else to help Hawaii come to terms with

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NEWS RELEASE: State deficit equals overspending since 2012

HONOLULU, Dec. 16, 2020 >> The state spent $1.4 billion over its constitutional spending cap during the past decade, which might have been enough to deal with the state’s current $1.4 billion shortfall for each of the next four fiscal years,[1] according to research from the Grassroot Institute of Hawaii. In

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Akina gets fiscal with the Hawaii Society of CPAs

Keli’i Akina of the Grassroot Institute of Hawaii outlined the financial problems Hawaii is facing, and the “best practices” that could help it recover, during the 60th — and first virtual — annual conference of the Hawaii Society of CPAs. Other speakers at the Nov. 20, 2020, event included Tracey Golden,

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Hawaii debt increases $9 billion over past 8 months, to $97 billion

The following is a news release that was sent to all Hawaii media on Oct. 15, 2020. ______________ HONOLULU, Oct. 15, 2020 >> Hawaii’s unfunded liabilities for infrastructure and public health benefits have increased so far this year to $97 billion, according to the Grassroot Institute of Hawaii. That’s $9

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Ige’s EUTF funding dodge will come back to haunt us

This article was originally published by Honolulu Civil Beat on Sept. 21, 2020. ______________ Faced with a $2.3 billion budget shortfall caused by Hawaii’s coronavirus lockdowns, Gov. David Ige on July 17 suspended the state’s required fiscal 2021 payment of $388 million to the government employees’ health benefits fund. It was a desperate move

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Maui lawmakers deserve praise for cutting budget

The following is a letter to the editor that was published by Lahaina News on July 23, 2020. __________ Maui lawmakers should be congratulated for trimming this year’s county budget to $1 million less than the previous year. It was only a 0.1 percent cut, but still it demonstrates that

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Kent, Akina discuss ‘How to balance Hawaii’s budget’

“How to balance Hawaii’s budget” was the topic of Keli’i Akina’s “Hawaii Together” episode, Monday, June 22, 2020, on the ThinkTech Hawaii network. The special guest was Joe Kent, executive vice president of the Grassroot Institute of Hawaii. Akina is president and CEO of the institute, which that very day had submitted

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Akina discusses state budget on KITV4 Island News

Keli’i Akina was interviewed Monday, June 22, 2020, by reporter Paul Drewes of KITV4 Island News about the Legislature’s options for balancing the state budget. Drewes also mentioned the new online tool from the Grassroot Institute of Hawaii that lets individuals try to balance the budget themselves. The tool can

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Testimony on Legislature’s plan to breach the debt limit

The following is testimony submitted by the Grassroot Institute of Hawaii to the Hawaii Senate Committee on Means and Ways on Monday, June 22, 2020. ______________ To: Committee on Ways and Means Sen. Donovan M. Dela Cruz, Chair Sen. Gil S. C. Keith-Agaran, Vice chair From: Grassroot Institute of Hawaii

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Best way to generate taxes is through economic growth

If Benjamin Franklin had ever seen the Hawaii state budget, he’d have changed his famous quote to say that the only two things certain in life are debt and taxes. Especially these days, it’s as if local policymakers can think of nothing else to help Hawaii come to terms with

Read More →

NEWS RELEASE: State deficit equals overspending since 2012

HONOLULU, Dec. 16, 2020 >> The state spent $1.4 billion over its constitutional spending cap during the past decade, which might have been enough to deal with the state’s current $1.4 billion shortfall for each of the next four fiscal years,[1] according to research from the Grassroot Institute of Hawaii. In

Read More →

Akina gets fiscal with the Hawaii Society of CPAs

Keli’i Akina of the Grassroot Institute of Hawaii outlined the financial problems Hawaii is facing, and the “best practices” that could help it recover, during the 60th — and first virtual — annual conference of the Hawaii Society of CPAs. Other speakers at the Nov. 20, 2020, event included Tracey Golden,

Read More →

Hawaii debt increases $9 billion over past 8 months, to $97 billion

The following is a news release that was sent to all Hawaii media on Oct. 15, 2020. ______________ HONOLULU, Oct. 15, 2020 >> Hawaii’s unfunded liabilities for infrastructure and public health benefits have increased so far this year to $97 billion, according to the Grassroot Institute of Hawaii. That’s $9

Read More →

Ige’s EUTF funding dodge will come back to haunt us

This article was originally published by Honolulu Civil Beat on Sept. 21, 2020. ______________ Faced with a $2.3 billion budget shortfall caused by Hawaii’s coronavirus lockdowns, Gov. David Ige on July 17 suspended the state’s required fiscal 2021 payment of $388 million to the government employees’ health benefits fund. It was a desperate move

Read More →

Maui lawmakers deserve praise for cutting budget

The following is a letter to the editor that was published by Lahaina News on July 23, 2020. __________ Maui lawmakers should be congratulated for trimming this year’s county budget to $1 million less than the previous year. It was only a 0.1 percent cut, but still it demonstrates that

Read More →

Kent, Akina discuss ‘How to balance Hawaii’s budget’

“How to balance Hawaii’s budget” was the topic of Keli’i Akina’s “Hawaii Together” episode, Monday, June 22, 2020, on the ThinkTech Hawaii network. The special guest was Joe Kent, executive vice president of the Grassroot Institute of Hawaii. Akina is president and CEO of the institute, which that very day had submitted

Read More →

Akina discusses state budget on KITV4 Island News

Keli’i Akina was interviewed Monday, June 22, 2020, by reporter Paul Drewes of KITV4 Island News about the Legislature’s options for balancing the state budget. Drewes also mentioned the new online tool from the Grassroot Institute of Hawaii that lets individuals try to balance the budget themselves. The tool can

Read More →

Testimony on Legislature’s plan to breach the debt limit

The following is testimony submitted by the Grassroot Institute of Hawaii to the Hawaii Senate Committee on Means and Ways on Monday, June 22, 2020. ______________ To: Committee on Ways and Means Sen. Donovan M. Dela Cruz, Chair Sen. Gil S. C. Keith-Agaran, Vice chair From: Grassroot Institute of Hawaii

Read More →