On the jump, Arkansas Advocates for Children and Families applauds the idea Mike Beebe mentioned on the radio today — that he supports creation of a state “rainy day fund” to guard against economic downturns.

More interesting — because the rainy day fund is worth a full discussion on the value of a graduated revenue stabilization act rather than a rain day fund, the philosophical argument of cutting taxes rather than piling up surpluses for whatever purpose, etc. — is Beebe’s statement that he hasn’t made his mind up yet on the state lottery.