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Keep budget on stringent course


POSTED: 01:30 a.m. HST, Dec 13, 2013

~~<p>It is a relief to see that &mdash; so far, at least &mdash; none of Hawaii's politicos are pulling out the hats and horns to celebrate an anticipated $844 million budget surplus in the run-up to the 2014 legislative session.</p>
<p>And it's not that there's no cause to celebrate revenues recovering at that rate. A rebound in fiscal reserves signals that the economy is growing again. The construction and real-estate sectors have started on an upswing, bolstering the improvement to date in the islands' tourism industry.</p>
~~

It is a relief to see that — so far, at least — none of Hawaii's politicos are pulling out the hats and horns to celebrate an anticipated $844 million budget surplus in the run-up to the 2014 legislative session.

And it's not that there's no cause to celebrate revenues recovering at that rate. A rebound in fiscal reserves signals that the economy is growing again. The construction and real-estate sectors have started on an upswing, bolstering the improvement to date in the islands' tourism industry. Login for more...



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