Cato Institute
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Appendix D:
Summary of Fiscal Policy Records of Governors
The following summaries are based on a wide variety of sources, including individual gov-
ernors' biographies and articles in magazines and local newspapers.
Alabama
Bob Riley, Republican
Legislature: Democratic
First-Term Grade: F
big-spending legislature on a shorter leash.
Bob Riley's actions since his crusade to
While his last two proposed budgets grew by
pass the biggest tax hike in Alabama history
slightly more than population and inflation,
have not been enough to raise his grade from
Riley was happy to sign into law budgets that
the midterm D he received on the last report
ballooned by more than 10 percent in real per
card. His massive $1.2 billion tax increase was
capita terms. The unexpected record budget
resoundingly defeated at the ballot box by 67
surplus hasn't gone completely to fund big-
percent. After the defeat, a repentant Riley
ger government, however. Riley did propose
was suddenly able to find more spending to
and sign into law a tax cut that would raise
cut. Yet the debacle didn't completely damp-
the personal exemption and standard deduc-
en Riley's enthusiasm for higher taxes. He
tion for many families. However, compared
signed into law a 26-cent per pack cigarette
with other governors in the nation, his over-
tax hike in 2004. His record on spending has
all fiscal performance the past four years has
been marginally better than before, although
been quite dismal.
Riley has generally been reluctant to keep the
Arizona
Janet Napolitano, Democrat
Legislature: Republican
First-Term Grade: F
election, Napolitano at least had the sense to
Janet Napolitano likes to portray herself
propose some small tax cuts, including a
as a fiscally conservative Democrat. There
reduction in the business property tax. But
exists, however, a chasm between that image
she had to be pressured by the legislature to
and the reality of her fiscal record. In fact,
use some of the state budget surplus to cut
she's one of the worst governors in the nation
marginal income tax rates by 10 percent.
in terms of fiscal policy. She proposed mas-
Unfortunately, the governor and the legisla-
sive budgets throughout the past four years
ture conspired to squander the rest of the
that amount to an annual average increase of
surplus on grand new spending initiatives,
6 percent in real per capita terms. The
such as a "bioscience fund" boondoggle. It's a
Republican legislature has been happy to rat-
shame that the legislature has been so quick
ify much of her spending spree, too, some-
to appease such a big-spending governor.
times sending her budgets even bigger than
Pity the voter interested in restoring small
she originally proposed. After the GOP
government today in the land of Goldwater.
picked up seats in the state senate in the 2004
17