News analysis: Mississippi Senate steers from bonds

Nearly 40 years ago, Mississippi spent federal revenue sharing money on a wide range of new construction at universities, community colleges and public facilities, including renovation of the state Capitol.

When revenue sharing ended during Ronald Reagan’s presidency, state lawmakers began issuing bonds for construction projects. That is, until the 2012 session ended this past week.

For the first time in as long as people can remember, there is no bond bill. The philosophical lines are drawn, even with Republicans leading the House and Senate.

Finger pointing? Oh, yes, there’s plenty.

Commercial Appeal
5/6/12