Today’s Commentary: GOP should reject the Perata/Nunez budget, and oppose ANY new bonds…
In the Golden Pen column today, our own Mike Der Manouel, Jr., lays out some sobering numbers about how state government spending is increasing at a pace vastly exceeding the growth of California’s population. Here is an excerpt from Mike’s piece: According to the Legislative Analyst, 10 years ago, the budget presented by Gov. Pete Wilson proposed the following spending: general fund, $50.3 billion; special funds, $14.3 billion; total, $64.6 billion; reserves, $553 million. Ten years later, the 2007-08 budget proposes: general fund, $103.1 billion; special funds, $27.7 billion; total, $131 billion. The increase in state spending over 10 years? A whopping 202%. During this same 10-year period, according to the Census Bureau and California’s… Read More