Palin Cuts $80M from Budget

Alaska Governor Sarah Palin's rage against the stimulus lives on. On Thursday Palin announced that she is vetoing $80 million of the state's budget, and cited federal stimulus cash as the source of the problem. According to the Anchorage Daily News, "Palin argued that the $28.6 million in stimulus money is tied to building codes that the state would be required to entice local communities to adopt. Legislators dispute that, saying Missouri was able to take the money without a statewide code." The details of Palin's veto are still unclear, but ADN reports that an accounting transfer of $35 million from the state's oil and gas tax credit fund to the state's general fund could also be troubling the governor. According to state law, legislators have the chance to override the governor's veto afterwards.