Arkansas balances its budget behind closed doors - KAIT Jonesboro, AR - Region 8 News, weather, sports

Arkansas balances its budget behind closed doors

LITTLE ROCK, Ark. (AP) - Arkansas has managed to dodge monster deficits while the most of the country is scramble its way out of debt.

But just how the state's tight-fisted budget delivered it from shortfall is something of a mystery. Most negotiations over the Arkansas' big budget bill, called revenue stabilization, take place behind closed doors.

The premise of Arkansas' magic budget is simple enough: Limit yourself to one debit card, even if other states max out credit line after credit line.

But in practice, things are much more complicated. Agencies' requests are aired out as early as the fall, while the actual spending priorities are left to financial gurus who crunch the state's numbers and legislative leaders who meet with the governor.

(Copyright 2011 by The Associated Press.  All Rights Reserved.)

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