Posted on 03/07/2012 7:47:37 AM PST by SmithL
Fiscal conservatives seeking a constitutional cap on state spending suggested Tuesday they likely will wait until 2014.
Proponents are concerned that the state spending cap would be buried on the November ballot with tax initiatives and a proposal to limit union dues collection, said Jon Coupal of the Howard Jarvis Taxpayers Association.
The California Taxpayers Association, Howard Jarvis Taxpayers Association and Small Business Action Committee want to reset the state's spending limit at the 2010-11 level. They would cap spending growth based on a formula tied to population and cost-of-living increases. The measure was cleared for signatures on Feb. 8, but proponents have yet to gather them.
(Excerpt) Read more at sacbee.com ...
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