In today's issue, Joseph Coletti, Fiscal Policy Analyst for the John Locke Foundation, states:
Tax receipts started rising again in 2005. Collections for the current fiscal year are already $200 million ahead of forecasts. Just don’t expect to get any of it back. The government growers have already spent it two or three times over, like the lottery money.
There is a link to the lottery money phrase, which makes it seem as if there is good data behind this, but oops, none of their links actually work. They are all dead ends. Incompetent much, CJ?
The lottery has not already spent the money two or three times over, just as the legislature has not spent the taxes collected for 2006 two or three times over. Both of these statements are just outright lies.