
Budget Denial
The editorial below ran in the Riverside Press-Enterprise today.
Budget Denial
As deficits ramp up, Democrats need to quit ducking touch choices By SENATOR JIM BATTIN
I know in polite society we aren’t supposed to say "I told you so," but listening to the latest budget news out of Sacramento, I couldn’t help but think it.
The state’s nonpartisan legislative analyst, Elizabeth Hill, announced this month that California’s budget situation has "deteriorated" by almost $6 billion since the budget was signed in late August. As a result, next year’s budget deficit is conservatively estimated at $10 billion, up from about $3 billion this year. I say conservatively because state revenues are in a tailspin and the deficit could easily be billions of dollars more.
If this sounds like a broken record, here’s why:… Read More