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 ...
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.