They Just Can’t Help Themselves And You and I Are Gonna Pay
The Dems recently announced how they have enacted a “fiscally responsible” budget for the current 2019-2020 budget year. Rather than buy the PR, let’s look at the numbers.
First, references. Take a look at http://www.ebudget.ca.gov/2019-20/pdf/Enacted/BudgetSummary/BS_SCH6.pdf. What is this? It is the budget’s Schedule 6. Most budget decisions made by legislators are made in a vacuum. The process looks like this: (1) between September and December, the various agencies and departments submit to the Department of Finance their desired budgets for the following fiscal years, called “budget change proposals” (BCPs); (2) In January, the Department of Finance (DoF) (controlled by the Governor’s office) submits to the Legislature the “Governor’s budget,” (3) In late February, the Legislative Analysts Office (LAO) (controlled by the Democrat Leadership in the Legislature) submits its analysis of the Governors budget; (4) Between March and May, the budget committees act on the BCPs; (5) In May, the DoF releases its “May Revise” and the LAO analyzes it; (6) In late May and early June, the budget… Read More