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CA: How wisely did state spend its surplus?
SJ Mercury News ^ | 2/9/03 | Paul Jacobs

Posted on 02/09/2003 10:49:25 AM PST by NormsRevenge

Edited on 04/13/2004 3:30:17 AM PDT by Jim Robinson. [history]

In Gov. Gray Davis' first term, tax revenues were flowing into Sacramento faster than anyone could have predicted. The state's fiscal drought was over, replaced by a flash flood of cash.

And the Davis administration, backed by the Legislature, was quick to spend the money on favored programs, including public education, unclogging highways, health care for the poor, home support for the elderly, and prisons -- and accelerate a planned cut in vehicle license fees.


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


TOPICS: Business/Economy; Crime/Corruption; Culture/Society; Government; Politics/Elections; US: California
KEYWORDS: spend; state; surplus; wisely

1 posted on 02/09/2003 10:49:26 AM PST by NormsRevenge
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http://www.recallgraydavis.com



2 posted on 02/09/2003 10:59:10 AM PST by NormsRevenge (Semper Fi .. Remember Kids.. Only You Can Prevent FReepathons!)
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Comment #3 Removed by Moderator

To: NormsRevenge
I don't see how nay 'journalist' or 'investigative reporter' can report on the Ca. financial situation and not even mention the impact of massive legal and illegal immigration. It just seems intellectually dishonest.
4 posted on 02/09/2003 1:49:49 PM PST by Texas_Jarhead
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