Tag: budget surplus

Phil Williams: Big bad Benjamins

Is it possible for a budget surplus to be a bad thing? Short answer: Yes. 

State Senate Majority Ldr Scofield proposes putting $2.7 billion surplus in trust fund — 'There's too much uncertainty right now'

Scofield suggested placing the money into a trust fund, which would accrue a “considerable amount” of interest. He said Alabama is already “one of the lowest taxed states in the country.”