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To: NormsRevenge
What happened to Prop 58?
Proposition 58

The California Balanced Budget Act.

• Requires enactment of a balanced budget where General Fund expenditures do not exceed estimated General Fund revenues.

(snip)

(f) For the 2004—05 fiscal year, or any subsequent fiscal year, the Legislature may not send to the Governor for consideration, nor may the Governor sign into law, a budget bill that would appropriate from the General Fund, for that fiscal year, a total amount that, when combined with all appropriations from the General Fund for that fiscal year made as of the date of the budget bill's passage, and the amount of any General Fund moneys transferred to the Budget Stabilization Account for that fiscal year pursuant to Section 20 of Article XVI, exceeds General Fund revenues for that fiscal year estimated as of the date of the budget bill's passage. That estimate of General Fund revenues shall be set forth in the budget bill passed by the Legislature.

Isn't the proposed deficit spending a direct violation of the Constitution?
4 posted on 06/14/2006 10:59:06 PM PDT by calcowgirl ("Liberalism is just Communism sold by the drink." P. J. O'Rourke)
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To: calcowgirl

You think Lockyer wants to upset the apple cart? lol


5 posted on 06/14/2006 11:07:24 PM PDT by NormsRevenge (Semper Fi - "The Road to Peace in the Middle East runs thru Damascus.")
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