The Governator already got shot down in flames for supporting such a proposition before the voters. The California electorate wants a free-lunch something-for-nothing system of borrow and spend deficits. That is what they want. I agree we need this, but this was rejected by the idiot California voters 2 or 3 years ago. Good luck!
Are you talking about the current governor of California? If the reference is to the Austrian, to which proposition are you refereeing?
Many casual observers believed that Prop 76, offered for voter approval in November 2005, had similar features. But, those "scratch the surface observers" were not acquainted with the breadth of the proposed legislation (76), which had little in common with either Prop 4 or the ideas that Senator Dutton proposes. Prop 76 was offered to indemnify Prop 58 lenders, lengthen the repayment period for Prop 58 borrowing and give California's governor extra constitution authority with regard to state spending. Prop 76 was opposed by all segments of the political spectrum and soundly defeated, lead by conservative opposition.
Arnold's "Spending" initiative was nothing like the GANN Amendment. It did nothing to limit spending for years and actually authorized more debt and borrowing. In a word, it was a sham.