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Big state budget deficit foreseen
SJ Mercury News ^ | 11/15/02 | Mark Gladstone

Posted on 11/17/2002 8:51:27 AM PST by randita

Edited on 04/13/2004 3:29:59 AM PDT by Jim Robinson. [history]

SACRAMENTO - For the second year in a row, California faces a yawning budget gap of more than $20 billion -- a shortfall that could lead to higher income and vehicle taxes, and cuts to social services and school reading programs.


(Excerpt) Read more at bayarea.com ...


TOPICS: Business/Economy; Government; News/Current Events; Politics/Elections; US: California
KEYWORDS: 2002; budgetgap; ca; davis

1 posted on 11/17/2002 8:51:27 AM PST by randita
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The operative word in the title...

Big state budget deficit foreseen

the politicos are already meeting in secret lairs to discuss the neXt round of "the fleecing of the sheople" - Part Duhhh Deux!
2 posted on 11/17/2002 8:58:34 AM PST by NormsRevenge
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To: randita
Tax hikes really help the economy. That's why Soviet Union had the world's best economy.(sarcasm)
3 posted on 11/17/2002 8:58:47 AM PST by Sparta
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To: randita
Time to pack up and go.
4 posted on 11/17/2002 11:35:14 PM PST by monkeyshine
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To: randita
Gov. Gray Davis slashed 6,100 vacant state jobs for an estimated savings of $300 million.

Could somebody with a California/English, English/California dictionary please translate this for me? Thank you.

5 posted on 11/17/2002 11:40:01 PM PST by Lancey Howard
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To: randita
From a related thread posted by ambrose:

"No new taxes", said Senate GOP leader Jim Brulte. "I have no intention of punishing taxpayers because liberals in Sacramento have overspent in the last three years against my advice."

This is really, really going to be fun to watch, especially if the Republicans show some spine and keep Democrat tax hikes off the table.

6 posted on 11/17/2002 11:48:37 PM PST by Lancey Howard
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To: Lancey Howard
Hell no! I say, "tax'm good". They voted for this idiot, twice!!! Now let them pay for it.
7 posted on 11/17/2002 11:59:01 PM PST by paul544
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To: paul544
Hell no! I say, "tax'm good". They voted for this idiot, twice!!! Now let them pay for it.

Actually, that's not a bad idea. Chase the decent, traditional American families out of California and let the parasitic Democrat scum who are left eat each other alive.

The problem is that the budget requires a 2/3 vote to pass so some Republicans would have to vote for those tax increases. I would hate to see that happen.

8 posted on 11/18/2002 12:33:35 AM PST by Lancey Howard
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