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Munger Says Not All Well Despite Stopgap Budget

Comptroller Leslie Geissler Munger says the recent stopgap budget deal is not stalling the growth of the state's debt.

 

Munger explains the state's bill backlog will continue to expand in the fall months and by the end of the year, the state will have about $10 billion in unpaid invoices. Munger is making a point of making paying state lawmakers and state constitutional officers, including herself, a low priority.

 

 

Munger calculates the state is on track to outspend revenue by 2.5 billion dollars in the next six months.

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