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References in periodicals archive ?
This issue contains the following articles: (1) Our Schools Need the Rainy Day Amendment; (2) Some Alabama School Systems Start the Year With School Bus Safety Belts in Place; (3) New Web Site a Valuable Resource; (4) Five Alabama Public Schools Take the Blue Ribbon; (5) Imagine a New School (Roy Hudson); and (6) Celebrate Parental Involvement!.
A PAC called the "Rainy Day Amendment Fund" supported the measure.
Matt Evans, spokesman for Measure 48, said the measure - dubbed by supporters as the Rainy Day Amendment because it gives the Legislature the option of setting aside extra revenue to use in hard economic times - differs substantially from Colorado's TABOR.
With Measure 48, the Rainy Day Amendment, we can control spending, save for the future and make sure that government doesn't squeeze out the strong and vital private sector of our economy.
What is the Rainy Day Amendment? It's a simple proposal to limit growth in state government spending to the rate of inflation plus the rate of population growth.
What the Rainy Day Amendment does not do is cut spending - ever.
But the Rainy Day Amendment won't let the government spend every dollar that comes through the door during boom times.
This has led supporters to call Measure 48 the Rainy Day Amendment, claiming that money the state can't spend will be banked in a much-needed reserve account.
Re-christening Measure 48 as the Rainy Day Amendment is an attempt to soften one of the worst consequences of applying the TABOR formula to Oregon.
The battle over Measure 48's unofficial handle is important enough that the pro-Measure 48 campaign is calling its political action committee the "Rainy Day Amendment Committee." It recently e-mailed news media offering "teach-ins" on the differences between the Oregon and Colorado spending-limit measures.
But since then, his group has been referring to the measure as the "Rainy Day Amendment."
The initiative is expected to ignite a war of words between anti-government activists and public-services advocates - in fact it already has - over the impact of the measure and even what to call it: Oregon's version of Colorado's Taxpayers Bill of Rights or the "Rainy Day Amendment."