Thread by @JimRosicaFL

Chief legislative economist Amy Baker now presenting to @FLSenate Approps Cmte.
#FlaPol

@FLSenate Stimulus fading, new tariffs, stricter fed policies all are slowing economic growth, Baker says.
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@FLSenate But tourism "performing so strongly" it's masking slowdown in other areas.
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@FLSenate The state, however, has "very sold reserves," she says.
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@FLSenate *solid

@FLSenate Amy Baker talkin' about black swans again! Those are the high impact events you can't predict.
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@FLSenate The long range outlook so far has a $250M shortfall, Baker says, but more revenue conferences are coming that "could change the numbers." Shoring up the current estimates are critical. #FlaPol

@FLSenate Sounds like lawmakers need to seriously look at all the recurring spending they authorize (i.e., the same items in the budget year after year).
#FlaPol

@FLSenate Sen. Rouson sounds bothered that 15 months after Hurricane Irma we're still waiting for FEMA money to state. Baker says that's not unusual. #FlaPol

@FLSenate Sen. @Rob_Bradley says lawmakers need to be more "diligent" and "conservative" in crafting a budget, especially after hurricanes Irma and Michael. #FlaPol

Sen. @Rob_Bradley says they need to be “very, very conservative” with the 2019-20 budget; the base budget is “not sacrosanct.”
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