Your naivete really is touching. I see you don't have the foggiest understanding of the broad powers it gives a RINO or Rat to raise taxes.
"Schools spending is eating up half of the CA budget, since prop 98 passed. Prop. 76 changes that."
There's that naivete again. Prop. 76 does no such thing. To do what you foolishly believe will be done would require Arnold to act in a way he has so far failed to act. He won't cut education. He'll either borrow more money ("just until the economy improves and revenues increase") or he'll make a few safe, modest cuts, as cover for a tax increase.
Please enlighten us as to exactly what actions you expect Arnold to take if Prop. 76 should pass.
If prop. 76 DOESN'T pass, the entire state spending is held up by the mandatory school spending.
You should educate yourself about the propositions.
http://www.voterguide.ss.ca.gov/
PROPOSITION 76
STATE SPENDING AND SCHOOL FUNDING LIMITS. INITIATIVE CONSTITUTIONAL AMENDMENT.
Limits state spending to prior year’s level plus three previous years’ average revenue growth.
Changes state minimum school funding requirements (Proposition 98); eliminates repayment requirement when minimum funding suspended.
Excludes appropriations above the minimum from schools’ funding base.
Directs excess General Fund revenues, currently directed to schools/tax relief, to budget reserve, specified construction, debt repayment.
Permits Governor, under specified circumstances, to reduce appropriations of Governor’s choosing, including employee compensation/state contracts.
Continues prior year appropriations if state budget delayed.
Prohibits state special funds borrowing.
Requires payment of local government mandates.