Budgeting – A Primer
Jerry Brown unveiled his budget. I haven’t had a chance to review it all, but I will before tomorrow. However, I thought I would first start with principles to guide my Republican friends in the Legislature on how to analyze and deal with the budget issues they will face. What I propose here is a little outside the box, but it can work in their favor if they choose to follow it.
The first thing for most legislators to understand is the lingo used by budget gurus. What people hear from these budget types is noises that sound like English words, but those words don’t have English meanings. For instance, a cut is not a reduction in spending, as most people would think. It can be a fund shift, or it could be a decrease in the amount of projected spending increases. Republicans cannot fall into the trap of using the words of the left or the budgeters. Republicans must use real English to describe what is going on in the budget process.
A couple of important words:
(a) "Base" or "Current Year Budget" – That is how much money the state is spending on programs this year… Read More