Today’s Commentary: Memo To The Governor RE: State Overspending
MEMORANDUM
To: Governor Schwarzenegger at the State Capitol From: Jon over at the FlashReport RE: Massive Democrat-Created State Deficit Governor, there is no doubt that the liberal Democrats who largely control the budget process have taken California down a path of severe over-spending. As we all know, state spending has massively out-paced state tax revenues, increasing a staggering $25 billion since 2003. Out of the gate this year, you correctly identified this problem for what it is, too much red ink. Too much overspending. You made it clear that California families, taxpayers, would not be saddled with higher taxes in order to address this chronic overspending issue. You rightly introduces a budget that represents a 10% across-the-board cut to what would have been the ’07-’08 amounts (from our perspective, a modest proposal). As a companion to… Read More