Credit one veteran conservative Republican legislator for understanding what real fiscal responsibility means.
Chris Pringle, just elected speaker pro tem of the Alabama House of Representatives, offered a word of warning to fellow lawmakers besotted with large but temporary state government surpluses. Rather than rush into tax cuts or find excuses to spend money, Pringle says the state should bank the windfall. With numerous state legislatures across the country also celebrating surpluses, his words of warning should apply all over the country, not just in Alabama.
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