Lord Protector Jim Hood issued the following statement:
Attorney General Delivers Nearly $34 Million to the State Treasury
Recommends Money go to Offset Budget Shortfalls for Vital State Services
JACKSON—
Attorney General Jim Hood announced today that nearly $34 million
recovered by his office was delivered to the state Treasury today, and
he encouraged the
Mississippi Legislature to use the money to offset budget shortfalls
for vital state services.
“Hopefully,
this will undo some of the damage inflicted to agency budgets because
of state leaders’ untimely devotion to tax breaks for big businesses,”
Attorney
General Hood said. “Those misguided corporate tax cuts along with the
problems associated with Senate Bill 2362 and the Legislature’s
mathematical error have led to a reduction of beds at the State
Hospital, layoffs at the Department of Revenue and the Forestry
Commission, and closure of National Guard armories. Lawmakers will fall
far short of collecting the $188 million that they anticipated
collecting in the special funds sweep, and I’m concerned that there are
more significant budget cuts ahead.”
During
his tenure, Attorney General Hood has recovered more than $3 billion
from corporations that have harmed Mississippi consumers. He said
legislators should use
the money received today to make sure those same Mississippi consumers
are not harmed further by an inability of state government to meet their
day-to-day needs.
The
majority of the $33,951,305 delivered to the Treasury is from a
judgment against pharmaceutical manufacturer Sandoz Inc., which
defrauded the state by manipulating
the prices it charged for its drugs to the state Medicaid program.
3 comments:
Thank you, Mr. Hood. And since you are so much more interested in trying to run all of government, why don't you get your ass back to the Capitol City and get to work. Between you and SOS Hosemann, y'all think you have all knowledge and should determine how to spend the state's money. Recognize that you haven't been elected to the state legislature, and until you are you can keep your opinion to yourself about how to spend the state's money.
What happened to the rest of the $3 billion?
Its always about the Mississippi consumer,,,,,,,,,,well wheres our cut?
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