Call me crazy, but if they committed to cutting all unnecessary spending and lowering tax rates (especially corporate tax rates) wouldn’t that instill enough confidence among investors to sell bonds to cover the budget gap?
I mean, that’s how governments raise dough without raising tax rates in the short-term: borrow it. But nobody loans to a financial mess. So why wouldn’t they just try to get their house in order to attract investors? What’s all the hemming and hawing about?
The guy deserves worse but it will due for now. I can’t believe that any Republican would vote for this plan.
Way to go! Now do the same to all RINOS!
Hollingsworth replaces Cogdill.
bump
Calif. Republicans Oust Leader Amid Budget Talks
fox news | 2/19/2009 | ap
Posted on 02/18/2009 3:21:00 AM PST by tobyhill
http://www.freerepublic.com/focus/f-news/2188171/posts
G.O.P. Shakeup Could Derail Budget Deal in California
Associated Press | February 18, 2009
Posted on 02/18/2009 7:00:04 AM PST by reaganaut1
http://www.freerepublic.com/focus/f-news/2188284/posts
California senate Republicans oust leader as budget impasse continues (Sen. Hollingsworth)
Guardian UK | 021809 | Dan Glaister
Posted on 02/18/2009 10:54:35 AM PST by Fred
http://www.freerepublic.com/focus/f-news/2188473/posts
California Republicans oust Senate leader, dig in
Hot Air | February 18, 2009 | Ed Morrissey
Posted on 02/18/2009 7:40:54 PM PST by Ernest_at_the_Beach
http://www.freerepublic.com/focus/f-news/2188841/posts
California Senate Republicans Oust Leader Over Budget (Impressive)
http://news.google.com | 2-18-2009 | By William Selway and Michael B. Marois
Posted on 02/18/2009 8:08:28 PM PST by Maelstorm
http://www.freerepublic.com/focus/f-news/2188859/posts