Nevada Democrats Eye $350 Million Raid on State’s Emergency Fund

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Your Tax Dollars at Risk: Why Conservatives Should Care

Imagine waking up to find your neighbor dipping into your family’s emergency savings without a true crisis in sight. That’s what’s happening right now in Nevada, where lawmakers are pushing a bill to grab a whopping $350.5 million from the state’s Rainy Day Fund.

Let me put this in terms we can all understand: it’s like watching a family member raid their emergency savings to buy a new TV when nothing’s broken.

The fund holds over $1.3 billion – money that belongs to Nevada taxpayers, saved for true disasters. Now, some legislators want to take $350.5 million from this account for “unrestricted” spending.

What’s Really Going On?

Legislators introduced this bill (Assembly Bill 587) on Friday. They claim they need to pull $289 million for the 2025-2026 fiscal year and another $62 million for 2026-2027 to use for “unrestricted State General Fund use.”

Why now? The bill’s sponsor, Democratic Assemblywoman Daniele Monroe-Moreno, says she’s worried about possible federal funding cuts and wants to “make sure we don’t have to cut any services.”

But here’s what conservatives should find troubling: This same week, Assembly Speaker Steve Yeager proposed taking $90 million from the Rainy Day Fund to give extra pay to teachers in hard-to-fill positions. That’s a new spending program, not maintaining existing services.

Why Conservatives Should Care

This raid on savings shows exactly why limited government principles matter. When government has access to money, it will find ways to spend it – even money set aside for emergencies.

Republican Senate Minority Leader Robin Titus got it right when she said:

“Our balanced budget makes this unnecessary. The $1.3 billion fund guards against crises and a $191 million revenue shortfall in 2026-27. Raiding it is reckless and risks essential services.”

Remember when Nevada completely emptied its Rainy Day Fund during COVID? That was an actual emergency. Today’s situation doesn’t come close to that level of crisis.

What The Other Side Is Saying

Democrats argue they’re just being cautious. Assemblywoman Monroe-Moreno says she wants this bill as a “vehicle” in case she needs to move money from the fund later. She points to the country’s credit rating being downgraded as justification.

They’re also concerned about potential federal budget cuts coming from Washington.

What This Means For Nevada’s Future

If this proposal passes, it sets a dangerous precedent. The Rainy Day Fund becomes just another pot of money for politicians to dip into whenever they want.

Assembly Minority Leader Gregory Hafen seems to recognize this danger. He said neither party actually wants to tap into the fund, and that “We can balance the budget without it!”

Fiscally responsible Nevadans should be asking: If we drain our emergency savings during good times, what happens when a real crisis hits?

Remember that healthy emergency funds protect taxpayers from future tax hikes when real crises hit. Let’s stand for fiscal responsibility and tell lawmakers to keep their hands off our emergency savings.

This article was written with the assistance of AI. Please verify information and consult additional sources as needed.