The latest fraud out of Sacramento, the "new" State budget, is one of the best in years. In total it has maybe $7-10 billion in real cuts--the rest is going to be overturned by a court or just as Senator Hollingsworth says, "ugly gimmicks.
No one believes we will ever drill off the Santa Barbara coast. The State Compensation Fund sale, authorized by the budget will never happen--too expensive for business. Can we afford 27,000 criminals back on the streets within a few months?
The good news is that this did not include any new taxes or fees.
"California is still a long way from a sustainable balanced budget. About $10 billion of the savings are one-year shots, or gimmicks, so next year could mean confronting another $20 billion to $30 billion deficit." Actually, the moment this budget is signed, the NEW deficit will be approximately $11 billion--well on its way to $30 billion.
In 1961 there was a great rock and roll hit--the title is significant to the budget battle--"See you in September"
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No one believes we will ever drill off the Santa Barbara coast. The State Compensation Fund sale, authorized by the budget will never happen--too expensive for business. Can we afford 27,000 criminals back on the streets within a few months?
The good news is that this did not include any new taxes or fees.
"California is still a long way from a sustainable balanced budget. About $10 billion of the savings are one-year shots, or gimmicks, so next year could mean confronting another $20 billion to $30 billion deficit." Actually, the moment this budget is signed, the NEW deficit will be approximately $11 billion--well on its way to $30 billion.
In 1961 there was a great rock and roll hit--the title is significant to the budget battle--"See you in September"
More...