HJTA Updates Members on Budget Revision
TO: Members and Friends, Howard Jarvis Taxpayers Association FROM: Jon Coupal, President SUBJ: California State Budget Yesterday, the Governor released his "May Revision" of his earlier budget proposal. The "May Revise," as it is called, takes into account more recent financial considerations of which our political leaders were unaware back in January. HJTA has several concerns about the Governor’s May Revise. First and foremost, it reflects another failure by projecting a level of spending in excess of revenue. The fact is, the taxpayers of California have done their job — and then some. You have provided political leadership with billions of dollars more than just a few years ago. In fact, general fund spending has about doubled in just ten years, from $50 billion to $100 billion. It may be a worn-out expression, but it is fundamentally true: California does not… Read More