Posted on 06/16/2005 1:04:27 AM PDT by goldstategop
Republicans, who until this week had been expecting Democrats to resist the governor's budget plans, said during Wednesday's debate that they had too little time to examine the details of the budget bill, that it defers too many costs, and that it leaves in place programs the state may be unable to afford in the future.
"It digs a deeper hole next year," Ackerman said. Separating the two sides is about $1.1 billion in spending less than 1% of the budget. Democrats want to wait another year before repaying $600 million borrowed from local governments to balance last year's budget, and they want the state to sell about $500 million in bonds that the administration opposes.
The $1.1 billion would be used mostly to restore cuts that Schwarzenegger wants in social service and healthcare programs.
Administration finance director Tom Campbell said the state cannot afford to spend that money.
"The Legislature rejected a budget that used one-time money on permanent spending proposals," he said. "It was wise to reject that dangerous approach." ...
The spending addicts are back to score their fix once again," said Assemblyman Ray Haines (R-Murrieta). "Just like the common heroin addict, you are going to steal the money . And you are going to justify the theft by saying the people you are doing this to are rich." ...
They want to punish all of you," Schwarzenegger said. "Even though you may think they haven't talked much about the sales tax [increase], the rumble is there," he said of legislators. "They say, what about a half-cent on the sales tax, what about bringing back the car tax? I say no, we have to live within our means. We have plenty of money in California."
(Excerpt) Read more at latimes.com ...
(Denny Crane: "Sometimes you can only look for answers from God and failing that... and Fox News".)
Glad to see Haynes taking the stage on this.
you know you're in fiscal trouble when...
(Denny Crane: "Sometimes you can only look for answers from God and failing that... and Fox News".)
Detroit has already proven "Atlas Shrugged". The high taxes have run out the income earners and now the city is nearly bankrupt. Will California be next?
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