You're all going to have to sacrifice ... a lot ... unless you belong to a civil service union ... receive a state pension ... claim welfare benefits ... get Medicare ... are an illegal alien ... or need a sex change operation!
Posted on 05/12/2012 6:37:31 PM PDT by Hojczyk
Gov. Jerry Brown announced on Saturday that the state’s deficit has ballooned to $16 billion, a huge increase over his $9.2-billion estimate in January.
The bigger deficit is a significant setback for California, which has struggled to turn the page on a devastating budget crisis. Brown, who announced the deficit on YouTube, is expected to outline his full budget proposal on Monday in Sacramento.
“This means we will have to go much further, and make cuts far greater, than I asked for at the beginning of the year,” Brown said in the video.
Lawmakers and others were hoping that a rebounding economy would help the state avoid steep cuts to social services. But revenue in April, the most important month of the year for income taxes, fell far short of expectations, leading to a shortfall of at least $3 billion in the current fiscal year.
The state has also spent $2.1 billion more than expected, according to the controller, further worsening California’s financial health.
Advocates involved in budget discussions say they expect deeper cuts to social services than Brown originally proposed in January. Union officials are also in negotiations with administration officials about ways to reduce state payroll costs, an issue that wasn’t on the table earlier this year.
(Excerpt) Read more at thegatewaypundit.com ...
I hope Californians tell you to shove your tax hikes far up your smelly Obama, Gov Moonhole.
I hope Californians tell you to shove your tax hikes far up your smelly Obama, Gov Moonhole.
Running a nanny state that gives the freeloaders anything they want can get really expensive. Especially when you invite and welcome the freeloaders into your “sanctuary”.
Hey Jerry, you cretin! Liberalism is a one way trip to HELL! Enjoy the ride!
That Stratergy is a Laffer.
Try somew of Obambi's "hope and change"
Put some of the toons ice on it
Hope springs eternal
If wishes were horses beggers would ride.
The Dems can fight the GOP by but, they can’t fight the math and after 70 years, the math is finally catching up to them.
One of the FaceBook founders, who stood to make $3.5 billion on the IPO just renounced his US citizenship.
See what happens when you tax the rich. They emigrate.
When you reward the poor, they immigrate; many times illegally. Hence, California is carrying 2.5 times their per capita welfare caseload.
Have a nice day.
Really hard to feel sorry for the people of California.
We warned you Californians this would happen.
But you knew you better.
I’m not laughing. Next comes the big federal bailout of California.
Obama needs the votes in Nov.
They need a $16 billion tax increase. Add that onto the “taxes on the wealthy” that Obama is pushing.
You're all going to have to sacrifice ... a lot ... unless you belong to a civil service union ... receive a state pension ... claim welfare benefits ... get Medicare ... are an illegal alien ... or need a sex change operation!
“I’m not laughing. Next comes the big federal bailout of California. Obama needs the votes in Nov.”
He’s got California. Giving them a bailout would lose him the rest of the country.
Slow Joe tutored Moonbeam on this speech .... right?
Good luck, California. Even if you don’t deserve it.
Tax Clooney and the Hollywood idiots. See how they like it.
The parasites are getting every penny they can while there is still something to get. Meanwhile, Kalifornia keeps electing Democrat governors and legislatures and US Senators and reaping liberal judges out the wazoo. Congratulations to them.
I have already let my (Republican) congressman know that if he in any way, shape, manner, or form supports a bailout of any kind for California, I will personally dedicate my life to his defeat in the next election.
They won't
They're too busy meditating.
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