Governor: Declare A State of Fiscal Emergency!
Today we are formally calling on Governor Arnold Schwarzenegger to declare a state of Fiscal Emergency for California state government. The long and short of it is that the anticipated revenues for California for THIS FISCAL YEAR are falling billions short of projections. While it is laudable that the Governor has instructed his agency and department heads to start to look towards cuts for the FY 07-08 budget, which will be very helpful in terms of helping to provide a starting point for massive shortfall that is projected for next year’s budget, what we have is a TODAY problem. Hence the need for a call for Fiscal Emergency.
With the passage of Proposition 58, the Governor has the power to make this declaration, lay out a plan to immediately trim government spending, and call the legislature into session to act on the parts of his plan that cannot be done unilaterally. This would show leadership, and would acutely focus the attention of all of our policy makers on dealing with a very real problem — we don’t have enough income to support all of our spending!
Now I know that the Governor would prefer to keep the focus on his health-care… Read More