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The Daily Dish - 2006-2011 archives for The Daily Dish, featuring Andrew Sullivan

A Fiscal Conservative?

By The Daily Dish
Sep 6 2008, 5:40 AM ET

Who is McCain trying to kid? Here's Palin's record as Mayor of Wasilla, Alaska, from the vetting document (PDF) done by the Democrats in 2006, posted by Mudflats, the indispensable Alaskan blog. Yes, Palin has been vetted before - just not by McCain:

Debt Service Increased 69 Percent Under Palin.

In fiscal 2003 the last fiscal year Palin approved the budget the total government debt service was $658,662. In fiscal 1996 the year before Palin took control of the budgetthe debt service was $390,385. The increase was 69 percent. [Wasilla Comprehensive Annual Financial Report 2003, Table 1]

Palin Left Behind Almost $19 Million In Long-Term Debt, Compared to None Before She Was Mayor.

In fiscal 2003the last fiscal year Palin approved the budgetthe bonded long-term debt was $18,635,000. In fiscal 1996the year before Palin took control of the budgetthere was no general obligation debt. [Wasilla Comprehensive Annual Financial Report 2003, Table 10]

Long-Term Debt Was $3000 Per Capita When Palin Left, Compared to None Before She Was Mayor.



In fiscal 2003the last fiscal year Palin approved the budgetthe bonded long-term debt per capita was $2,938. In fiscal 1996the year before Palin took control of the budgetthere was no general obligation debt. [Wasilla Comprehensive Annual Financial Report 2003, Table 10]

When Palin Left Office, 6.24% of Government Spending Was On Debt Service, Compared to None Before She Was Mayor.

In fiscal 2003the last fiscal year Palin approved the budgetthe ratio of debt service to general government expenditures was 6.24 percent. There was no long-term debt before she took office. [Wasilla Comprehensive Annual Financial Report 2003, Table 11]

In so many ways, Palin is a contemporary Republican: no abortions ever but mounds and mounds and mounds of debt for the next generation.

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