I assume you are referring to those "borrow and spend" "conservatives"?
Prop 76 defers more expense and authorizes more bonds, freeing up more dollars to continue the socialistic spending level.
A change in the education formula will ensure that education funding can NEVER go down.
You need to read the info about Prop 76 also.
I find it very interesting that the leftists are strongly against Prop 76 and so are the two of you.
Birds of a feather?
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.
SUMMARY OF LEGISLATIVE ANALYST'S ESTIMATE OF NET STATE AND LOCAL GOVERNMENT FISCAL IMPACT:
The provisions creating an additional state spending limit and granting the Governor new power to reduce spending in most program areas would likely reduce expenditures relative to current law. These reductions also could apply to schools and shift costs to other local governments.
The new spending limit could result in a smoother pattern of state expenditures over time, especially to the extent that reserves are set aside in good times and available in bad times.
The provisions changing school funding formulas would make school and community college funding more subject to annual decisions of state policymakers and less affected by a constitutional funding guarantee.
Relative to current law, the measure could result in a change in the mix of state spending—that is, some programs could receive a larger share and others a smaller share of the total budget.
http://www.voterguide.ss.ca.gov/index.shtml
" assume you are referring to those "borrow and spend" "conservatives"?
Prop 76 defers more expense and authorizes more bonds, freeing up more dollars to continue the socialistic spending level. "
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Are you saying that McClintock is a socialist? He recommends YES on Prop. 76.
http://www.chronwatch.com/content/contentDisplay.asp?aid=16676
Here's How I See the Ballot Propositions for the Special Election
Written by Tom McClintock
Friday, September 09, 2005
Proposition 76: State Spending. Should government live within its means? YES. This measure restores the authority that the governor of California had between 1939 and 1983 to make mid-year spending cuts whenever spending outpaces revenue without having to return to the legislature.