Barbour, McCoy Trade Barbs over Budget

By: The Associated Press
By: The Associated Press

Republican Gov. Haley Barbour and Democratic House Speaker Billy McCoy exchanged sharp words about the Mississippi budget.

Barbour said in a written statement Wednesday that the House is trying to take too much money from the state's rainy day fund and that could cause problems in the next few years.

McCoy said in his own statement that the state has had "a flood of bad financial weather," but he expects the economy to recover.

McCoy said if there are deep budget cuts, as Barbour predicts, the governor and the Senate will be responsible because the House has tried to minimize a loss in services by voting to make the governor spend $50 million from the $231 million rainy day fund.

Barbour wants to take a more prudent approach on guarding the rainy day fund because economic hard times may continue through that time.

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