Freudenthal Doesn't Want To Tap Into Rainy Day Fund

CASPER, (AP) - Governor Dave Freudenthal says the future economic climate is too uncertain to justify spending money from the state's rainy-day fund. But Freudenthal is also putting a positive spin on the state's post-energy boom financial situation, comparing funding levels to those of 2003 and 2004.

Freudenthal discussed the state budget on Friday in his address at the Wyoming Press Association's annual winter convention. The governor and lawmakers are gearing up for a budget session that's likely to be marked by debate over budget cuts.

Freudenthal's recent $3 billion budget proposal for the coming two-year funding cycle would cut government spending by $300 million from the current budget. Some support tapping the state's rainy-day fund to lessen the cuts.

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