Posted on 05/15/2023 5:52:13 AM PDT by Oldeconomybuyer
For climate advocates, the growing state deficit unveiled in the revised 2023-24 state budget offers some bad news, some good news and a great deal of uncertainty.
The good news is that despite California’s projected budget shortfall jumping from January’s estimate of $22.5 billion to the new estimate of $31.8 billion, the state isn’t planning additional cuts for climate projects. That leaves intact a five-year plan to spend $48 billion on climate.
“We were really expecting there to be another round of massive cuts to the climate budget,” said Jamie Pew, climate fellow with the progressive group NextGen Policy. So, Pew said, the organization is happy with the plan released Friday.
“A budget is a statement of value. This shows that the administration is holding the line on climate spending even in the face of these severe economic headwinds.”
But even that good news is shrouded in a bit of uncertainty. Newsom is proposing to cover the additional deficit, in part, by working with lawmakers to pass a “climate resiliency bond” that could be used in place of state general fund money to pay for some planned projects.
(Excerpt) Read more at eastbaytimes.com ...
They should raise taxes! Just tax the rich!
App tax, IPN royalty fee, login fee, log off fee…Hell that’s just off the top of my head. These loser California politicians are leaving a ton of money on the table. Get with it fellas, there’s many more untapped taxing opportunities out there. Lazy pikers.
Tax the Hollywood Rich more!
No, tax Silicon Valley!
“future uncertainty, for climate spending”
Waaaaaaa the world’s going to end the world’s going to end ... Oh well
For several decades, California has been trying to pass legislation that taxes wealthy residents even if they move out of state. From memory, all the previous bills have failed on Constitutional grounds.
Re: "$48 billion on climate spending"
That is where the funding for Gavin Newsom's Presidential campaign will come from.
Newsom hands out billions to Democrat climate investors who launder it and kick back 5% to his campaign.
Yep. They have a tax base that's highly dependent on a small number of high earners willing to pay a tax premium for the privilege of living in California. The bulk of this income is in turn dependent on retaining critical mass in ultra-profitable Information Technologies.
Hilarious
What “climate change” are they talking about?
The winter of ‘23 is barely over and they babble about climate change/global warming?
Snow still on the ground in Tahoe and people skiing at Squaw Valley. Was there yesterday. Warming up now, but it’s a mild or even cold spring.
Gabin “Don’t Call Me Stupid” Newscum just whistles right past that and goes on babbling about Climate Change! The world’s gonna end! So gimme yer money!
“Tax the air!!!! It will always be there!”
(We exhale around 3,000 parts per million CO2. The atmosphere is 4 parts per million now)
And build a wall around the state to keep them from leaving. Sink all private ships so they can’t get out by sea, either. And pay for it by taxing them some more!
Klimate Karens of Kalifornia vs Reparations Board.
Popcorn! Getcher popcorn!
Ground all private planes. No escape from California.
Hot = climate change
Cold = climate change
Same = climate change
Best part—it is always your fault.
Welcome to the new religion—you must repent for your sins every minute of every day.
Yes and you can only atone for your sins by tithing to the Climate Gods in the government
Tax all cars that get less than 40 mpg a $10/mile annual tax!
Tax all homes larger than 2000 sqft a $500/sqft annual tax!
Confiscate all inheritance!
Make all mansions into homeless shelters! Kill the owners and cook them up as soup to distribute to the poor! NYAHAHAHAHAHHA!/S
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