Today Governor Jerry Brown released his revised budget proposal. He’s right to recognize that much of the money currently pouring into Sacramento is one-time dollars. Whether the Legislature will show similar spending restraint is an open question.
One thing is clear: given the current revenue windfall, tax increases are off the table. Instead of proposing tax hikes, the Legislature should spend its time ensuring taxpayers receive value for their money.
There’s no question government is doing well. We now need to make sure the people who fund government with their hard-earned dollars have a chance to prosper too.