Skip to comments.Legislature passes budget, adjourns (California)
Posted on 09/01/2002 11:49:39 AM PDT by I_Love_My_HusbandEdited on 04/12/2004 5:42:19 PM PDT by Jim Robinson. [history]
Lawmakers passed a two-months-late budget early Sunday morning and approved a last-minute array of bills ranging from construction defects to driver's licenses for undocumented immigrants as the Legislature ended its 2002 session.
The $99 billion budget closed a $23.6 billion deficit through a combination of spending cuts and new revenues -- which legislative leaders took great pains to not call new taxes -- and required Gov. Gray Davis to make $750 million in cuts from government operations, not programs.
(Excerpt) Read more at sacbee.com ...
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Lets get the details posted ASAP fellow Freepers.
It also includes a semantically appealing solution to the issue of tax increases:
About $2 billion in measures that add new money to the state treasury.Lawmakers have called these "revenue enhancements" to avoid calling them tax increases and appeal to Republicans and their constituents.
"Assemblyman Keith Richman, R-Northridge, acknowledged Saturday that he is one of the four Republicans who plan to vote for the budget deal.
Richman, a first-term lawmaker, said he didn't think it would hurt him politically to break with Republicans and vote for the budget.
``This is the right budget,'' Richman said. ``This is a more fiscally prudent budget than the one submitted by the governor.''
One condition of Richman's support -- putting to voters a constitutional amendment steering a gradually increasing percentage of its general budget to schools, highways, parks and water projects starting in 2006 -- cleared the Assembly Saturday by a 75-0 vote. It needed to be passed by the Senate before the Assembly budget vote would be taken off call, and that had not happened by 11:15 p.m."
"Assemblyman John Campbell of Irvine, the Assembly Republicans' main budget negotiator, said Republicans consider the deal a victory in the area of taxes. ``The straight-up tax increases have been taken out of this.''
Some Republicans who planned to vote against the budget blasted it on the Assembly floor Saturday night.
``I hope the people of California are listening up because you are being shot right dead in the wallet,'' said Assemblyman Jay La Suer, R-La Mesa.
Legislature passes budget, adjorns California.
Oh would that we could adjorn California :^)
What really makes this budget bad is that it only balances because the Dems have borrowed everything they could from the future. Next year they will be faced with borrowing at least 20 billion to balance the budget, and it won't be there. Hold on to your wallets folks, things are gonna get worse.
At least they didn't murder cigarette smokers or drivers. The woman I love is the former, and of course both of us are the latter.
At the same time, they probably should have kept the tax increases and dropped the various smoke & mirrors borrowing schemes that will destroy us in the end.
I guess real spending cuts were out of the question :-(.
Incidentally, judging by the OC Register article, Gray Davis had absolutely nothing to do with any of this, thus continuing his administration's Ostrich theme.
No they did not, only 4 out of 30 did. That means that 26 out of 30 Republicans did not cave.
I did not see any mention of the actual overall deficit. When last we saw it, it was headed south towards $27 billion. It's not surprising that the Mercury News never stated it. I suspect that they were only able to "close" it to about $24 billion. So, where will they get the money?
Yup. They're going to borrow it. And who will pay for the borrowing?
Yup. That would be us.
Also note that the quid pro quo that Richman asked for didn't happen. That's what he gets for trusting RATs...
The big question is, will the oh-so-nice and soft voiced Bill Simon be able to use that stick, or will he still be dancing Davis' tune trying to explain the lawsuit non-issue?
Too bad we can't come up with $2 billion in SPENDING CUTS. We can call 'em whatever the politicans want. Heck call 'em "revenue DEHANCEMENTS".
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