I don't know why
You call some place Paradise
Kiss it goodbye...........
From the Golden state of California where they haven't elected a state wide conservative since John Wayne was a number one movie draw.....
Less than four months after California leaders stitched together a patchwork budget, a projected deficit of nearly $21 billion already looms over Sacramento, according to a report to be released today by the chief budget analyst.
The new figure -- the nonpartisan analyst's first projection for the coming budget -- threatens to send Sacramento back into budgetary gridlock and force more across-the-board cuts in state programs.
The grim forecast, described by people who were briefed on the report by Legislative Analyst Mac Taylor, comes courtesy of California's recession-wracked economy, unrealistic budgeting assumptions, spending cuts tied up in the courts and disappearing federal stimulus funds.
"Economic recovery will not take away the very severe budget problems for this year, next year and the year after," said Steve Levy, director of the Center for Continuing Study of the California Economy.
You know what California needs? A tax increase. Afterall, we all know that tax increases solve all budget woes.
What's so "progressive" about insolvency?
More......
No comments:
Post a Comment