Free Republic

Republicans say they have cure for budget woes By DAVID STEVES The Register-Guard SALEM - A group of Republican legislators revealed Tuesday that they have a secret plan to avoid drastic state cuts if the income tax measure fails - as they hope it does. But voters are just going to have to trust them on this one because the lawmakers won't unveil their strategy until Jan. 29 - a day after Measure 28 votes are tallied. The four GOP House members, who strongly oppose the tax increase, said their scheme involves shifting funds to avoid "lethal" reductions to services...

Since we are not allowed to post any articles from Rense.com, ( I suppose for good reason), I thought I would post the gist of this article for your consumption--especially in light of California's and other states' ficsal problems' In the article (http//:www.rense.com/politics2/hidetrill/htm), Walter Burien writes that local governments have two sets of books. The second set is know as CAFR. These assets number in the trillions. For California it numbered 3 trillion as of 1999. Thus the question is begged, if states, counties, etc have these "hidden" monies from investments, etc, why are we being soaked for additional taxes,...