Finally, our state legislature has reached a compromise budget that should earn Governor Arnold Schwarzenegger's signature. It's a no thrills blend of expected budget cuts and the closure of tax loopholes with no tax increases. But the $15 billion budget deficit only balances through accounting procedures and heavy borrowing against the state lottery, which means today's leaders are passing the buck to future leaders once again.

If you wanted tax increases, just wait a few years when the state will be forced to decide how they will increase revenues to maintain basic services as the percentage of general fund revenues spent on retiring debt continues to increase. No new taxes, no new revenues. A slumping economy, projects lower revenues in the years to come.   Read More »
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Community Posts

Prop 8 supporters sue to destroy campaign finance laws
Posted Jan 08, 2009 8:17pm
by Robert Cruickshank, Courage Campaign
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The elephant in the room
Posted Jan 07, 2009 4:38pm
by Robert Cruickshank, Courage Campaign
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2009 Headlines Preview
Posted Jan 05, 2009 12:35pm
by User from Newport Beach, CA
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