Free Republic

It’s official. In the Legislative Analyst’s initial eight-page summary of the budget approved by lawmakers in the early hours of the 100th day of the fiscal year it’s supposed to dictate spending for, the conclusion is that the package is unlikely to balance and certainly won’t improve the state’s chronic gap between spending commitments and revenue. “We estimate that well over two-thirds of the Legislature’s 2010-11 budget solutions are one-time or temporary in nature,” the analyst says in the top right-hand corner of Page 2. “This means that California will continue to face sizable annual budget problems in 2011-12 and...