Posted on 01/10/2006 5:19:06 AM PST by John Jorsett
SACRAMENTO Gov. Arnold Schwarzenegger, a crusader for fiscal restraint since he was elected two years ago, will unveil a budget today that would trigger billions of dollars in new spending well into the future.
The governor plans to increase funding for education, healthcare and transportation programs. Much of it is spending that the state would continue to be responsible for in future years.
Schwarzenegger's spending plan comes at the same time he is proposing independent of his budget to bring before voters $68 billion in new borrowing to improve the state's roads, bridges, ports and levees over the next 10 years. Californians would need to begin paying for that by the end of next year.
It all comes as California's $115.7-billion budget remains chronically imbalanced and as the state is expected to lose billions of dollars in federal aid over the next several years. Even without the governor's new programs, the state was projected to spend more than it takes in through 2010.
Though administration officials say they are paying for all of these election year initiatives with an unanticipated tax windfall that has come to the state in recent months with more revenue likely to arrive in the future analysts question whether California can really afford it.
(Excerpt) Read more at latimes.com ...
No, the state cannot affort it- but that does not matter to TAX-AND-SPEND liberals. It never has. The state continues to backslide into liberal mediocrity, typical of the other liberal dumps they have created.
Why exactly did we trade Davis for Arnie? Trading a girly-man hideously large debt with a pumped-up insanely large debt?
It's depressing.
Property confiscations will begin.
"You could simply audit all govt agencies and save 75% after you sniff out the 25% of the government employees who are actually competent and do a good job. I may be generous in that percentage"
It's probably more like 20% working and 80% faking it. Just check out the DMV!
He's the one proposing the record increases in spending, not the legislature.
Conservative governors are supposed to submit conservative budgets. Republican governors are supposed to veto bloated legislative budget proposals.
Schwarzenegger is proposing the bloated budgets, signing them into law and borrowing to support them. Schwarzenegger is the enemy.
It won't be long before California residents
are going to be faced with a decision:
STAY in CA and pay the huge NEW taxes
to be piled on top of the liberal Welfare
doles now in existence...OR...LEAVE the
once Golden State Paradise of their emigrant
parents/grandparents and possibly seek
relocate in another state.
Many Southern Californians have already made
that decision, jumping the border for Arizona
or New Mexico. More than a few Central and
Northern residents have moved to Nevada and
Oregon. And with the border situation
intensifying, more and more Californians
will be found weighing their options.
The number of school children in the family
is also a huge factor. California schools
are NOT what they once were.
"I'm gone."
The Master Plan is to bankrupt California into insolvency and irrelevance...
-----
Yes, that has always been the liberal/socialist plan!!!!
Seriously, it is not a plan. Rather, it is an unintended consequence.
Last year, Arnold's huge increases, alone, were enough to placate them.
State Budget Battle Fizzles (Democratic Girly-Men Throw In The Towel Alert)
Los Angeles Times ^ | 06/15/05 | Evan Halper
Posted on 06/15/2005 4:11:24 AM PDT by goldstategopThe Democrats who control the Legislature have abandoned their effort to add billions of dollars in programs to the governor's proposed state budget, and are preparing to vote for a spending plan with no new taxes and no extra money for schools.
(snip)
Certainly, there are entitlements and initiatives that mandate so much spending here and there and leave much less wiggle room for the GUb to maneuver fiscally.
Last year's budgeting was especially tough as many core programs are now as picked over cut-wise as possible (supposedly) and may well likely out and out shut some programs down partially if not completely (which may not necessarily a bad thing).
Considering the amounts of monies that continue to flow into the coffers, one would expect all these highly eager and able legislators and officials to seek to deliver more and more services without exacting and demanding a better rate of return on the outlay.
Instead we dance at the edge of a bottomless pit, tossing more and more money in and getting less and less out (unless you're in the UC system, in gubamint or the direct or indirect employ thereof).
Schwarzenegger is a liberal by any definition. The list of his liberal accomplishments is well known, the subject of numerous articles. He is certainly more conservative than the Utopian left that populates the state Senate and Assembly but he is still a liberal.
As a liberal he is my political enemy and I will work to drive him from office unless he changes his ways.
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