Gov. Jim Gibbons

Statement From Governor Gibbons

 
     
 
     
 

Governor Jim Gibbons issued the following statement regarding Chancellor Jim Rogers’ request for federal assistance in balancing the State of Nevada’s budget during the ongoing economic recession:

 

“Nevada is clearly in an unprecedented fiscal struggle, and we need to look at all potential solutions for balancing our state budget. To date, legislators and I have balanced a $1.2 billion budget shortfall through a combination of spending cuts, freezing thousands of vacant positions, eliminating one-time expenditures and spending our savings accounts. Legislative leaders and I are continuing to work together to balance another $300 million shortfall in our current year’s budget, and we’ll be meeting again on Thursday to discuss our options.

 

I have also met with Chancellor Rogers to discuss the budget shortfall as it relates to higher education. I believe our meeting was very productive, and we discussed several options for funding higher education, including tuition increases. I look forward to continuing these discussions.

 

More than two weeks ago I reached out to Nevada’s congressional delegation to discuss the potential of an economic stimulus directed to the states. If Congress decides to approve such a stimulus, I believe it should include: an extension of unemployment benefits to directly help unemployed workers, an increase in the federal matching rate for Medicaid so the state can continue to help its most needy citizens, and a stimulus for job creation through infrastructure improvements. Nevada has more than $200 million worth of construction projects ready to be put to bid immediately if congress allocates funding for capital improvements, and the state is standing ready to put people back to work if funding becomes available.

 

I’d like to thank the leaders from across Nevada who are working together to address our needs. It’s only through this spirit of bipartisan cooperation that we’re going to develop solutions, and I remain committed to working cohesively as a state to do just that.”

 

October 30, 2008 - Letter from Governor Gibbons to The Honorable Harry Reid (pdf)

 
 
     
 
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