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85%  
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Keyword: fiscalrecovery

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  • Props. 57, 58 crucial to state's fiscal recovery

    02/29/2004 9:54:29 AM PST · by NormsRevenge · 44 replies · 178+ views
    OC Register ^ | 2/29/04 | Phil Yarbrough
    <p>Contrary to the contentions made in the Register's Feb. 17 editorial ["Proposition package fails the test"], Propositions 57 and 58 are essential to the stability of California's state finances. Over the past four years, the state budget has been woefully mismanaged. We are now at a crossroad. The choices are daunting. To pay for the $13.1 billion debt the last two budgets have left us, we will either approve the Prop. 57 bond or the Legislature will increase taxes on businesses and individuals.</p>