Mississippi lawmakers, as they get down to brass tacks on a roughly $6 billion state budget, on Thursday received their “Legislative Economic Briefing” from State Economist Darrin Webb and Deputy Treasurer Jesse Graham.
The news, mostly, wasn’t good.
Webb, trying to look on the bright side at the end of his presentation, noted, “Despite all this negative news, we are not in recession.”
Graham, filling in for Treasurer Lynn Fitch who was in Washington, D.C., drew fire from Lt. Gov. Tate Reeves and some lawmakers on the Joint Legislative Budget Committee. They grilled him on several points and said they didn’t trust some of the numbers or math provided on state debt or thought they were presented in a way skewed to make debt look worse than it is.