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This is going to be great. We have a $36 billion deficit, when you count everything currently owed. You have a budget at approximately $86 billion, with revenues lower than that. California will run out of cash somewhere around March 1, 2010.
Another tax increase will further lower revenues and cost more jobs. Cutting spending will be difficult, but the only honest choice.
Of course, Sacramento is not rational. it will be fun to watch the tax and spend crowd squirm.
What do you think they will do?
More...
Another tax increase will further lower revenues and cost more jobs. Cutting spending will be difficult, but the only honest choice.
Of course, Sacramento is not rational. it will be fun to watch the tax and spend crowd squirm.
What do you think they will do?
More...