
For the 2007-8 budget, the line in the sand… No deficit spending.
As the budget dance continues with the legislative leaders trying to work through various issues, it would appear that there is one big question for this year’s budget… Will it be balanced? Will it spend no more than projected revenue? That ultimately is the core mission of Senate Republican Leader Dick Ackerman and Assembly Republican Leader Mike Villines. We can have a discussion another day about what an ideal budget would look like, the kind we will never see as long as the partisan gerrymander of California ensures a liberal majority in both legislative houses. But the discussion for this year is deficit spending. There is no reason why budgeted expenditures for California government cannot fall within its income, will room to spare for a prudent reserve. Not only is this is a reasonable ‘non-negotiable’ line in the sand, but it is hard for me to figure out how this year, ANY legislator can vote for a budget that contains a budget deficit… Read More