Senate GOP resolve is to be applauded – especially when facing a budget that is $2.9 billion in the red…
SENATE GOP RESOLVE AND SOLIDARITY The built-in deficit in the budget passed by the California Assembly is actually about $2.9 billion. This is significantly more than the numbers being thrown around by those advocating the passage of that document in the Senate. One of the problems is that with a budget that is so huge, there are so many areas that can be interpreted and analyzed in different ways. I can tell you that over the years, I have come to rely on the financial acumen of State Senator and FR friend Tom McClintock for some clarity and truth on fiscal matters. $2.9 billion is his number. He also reminds us that this year’s proposed budget represents a $21.7 BILLION dollar increase in state spending since the recall election that brought Arnold Schwarzenegger to Sacramento. So with this as some very sobering context, we have to applaud what are being referred to as the "Magnificent 14" for their solidarity. Republicans sticking… Read More