Monday, April 7, 2008

Pawlenty Bonging Bill Action 2:30p Monday

Governor Pawlenty called the bonding bill "horribly misprioritized" on his radio show last Friday and said he would announce Monday afternoon what he would do about it. The governor can sign the bill, line-item veto the projects he doesn't like or veto the entire bill. The House/Senate conference committee approved a $925-Million bill of projects but also included $60-Million in bonded cash in the Transportation Bill. Pawlenty said the state budget won't allow borrowing more than $825-Million and bonding for more could jeopardize the state's bond rating. The governor has scheduled a 2:30pm news conference to announce his action.

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