CA: Organizations oppose Proposition 56

Mercury News ^ | 2/4/04 | Janice Rombeck

[NormsRevenge]

The San Jose Silicon Valley Chamber of Commerce and two other lobbying groups are urging voters on March 2 to reject Proposition 56, a measure that would lower from two-thirds to 55 percent the percentage of votes required to pass a state budget or raise taxes.

[NormsRevenge]

IF YOU'RE INTERESTED

For information, contact

http://www.noblankchecks.com or

http://www.yeson56.org.

[NormsRevenge]

``By giving a new tool to legislators to raise taxes, we think it sends a message to job creators, `Here's one more reason not to locate in California,' '' he said.

The chamber president said he is mostly concerned that this Legislature is not focused on cutting the budget.

[martin_fierro]

	Silicon Valley
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Silicon Valley Slang

[Lizavetta]

Prop. 55 - Kindergarten-University Public Education Facilities Bond Act of 2004....$12.3 billion

Prop. 56 - State Budget, Related Taxes, and Reserve...requires only 55% vote to tax us more

Prop. 57 - Arnold's Economic Recovery Bond Act....getting Calif. in more debt to help us get out of today's debt.....$15 billion

Prop. 58 - California Balanced Budget Act - Requires enactment of balanced budget, addresses fiscal emergencies and establishes a budget reserve.

In other words, a resounding NO on everything except maybe Prop. 58 which I have to read up on.

[calcowgirl]

In other words, a resounding NO on everything except maybe Prop. 58 which I have to read up on.

NO on everything is correct.

Prop 58 amends the constitution to allow otherwise unconstitutional borrowing (Prop 57 bonds).
Don't be fooled by the other toothless provisions... they are just window dressing.

[tubebender]

Bump...

[goldstategop]

Exactly... vote NO all the bonds and Props 56&58 down and insist Sacramento cut spending and there ought to be a REAL CAP on spending placed on the November ballot. ITS TIME TO END BUSINESS AS USUAL IN SACRAMENTO.

[StoneColdGOP]

McClintock on the Propositions

[goldstategop]

I agree. Borrowing when there's no plan to cut spending and to just borrow so politicians can spend more is stupid. Plus there's all those other bonds they want to take out. Its like charging more debt to yet another credit card. Sacramento won't change til we say NO to more borrowing and more spending.

[StoneColdGOP]

I never, EVER vote for bonds, but at least every other bond I've heard of went to actually pay for some sort of substantive project.

This load of steaming crap bond would just borrow to paper over an old debt, and put us into debt AGAIN!

[goldstategop]

I've voted for bonds that provide for infrastructure and similar investment projects. While the schools bond sounds good, I think we should first retire existing education bonds before we take on new debt. As for the rest, well let's just say no comment's needed. Sacramento through its behavior, is educating us on why its folly to reward them.