FOR IMMEDIATE RELEASE
For more information:
Jay Finegan, 287-1445
March 4, 2009  
Bonnie Gould, 287-6557
     
GOP Leaders Respond to Governor’s Bond Proposal

AUGUSTA – Republican legislative leaders Rep. Josh Tardy and Sen. Kevin Raye have issued the following statement regarding Governor Baldacci’s bond proposal:

“We are open to gaining a full understanding of the governor’s proposal and will review it carefully, keeping in mind that bonds represent just one component of the action we must take to protect the jobs of Maine people and foster a climate that will create new ones. Maine state government cannot simply borrow our way to prosperity. It must be just part of a strategy that includes working to improve the business climate and relieve Maine’s high tax burden and energy costs.

We must keep our borrowing to a responsible level that protects the interests of Maine’s taxpayers in future years and ensures that we don’t grow our debt faster than our ability to pay it off. In short, especially in the current economic climate, Maine’s borrowing decisions must be guided by common sense. We believe bonds should be targeted with precision to stimulate job creation, improve Maine’s competitiveness, and produce long-term infrastructure gains that will benefit Maine people for years to come.”

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