Budget Vote Held Open – Pressure Play On?
State Senator Lou Correa has to be wondering if Senate President Don Perata takes input from Assembly Speaker Karen Bass. Today the State Senate voted on a budget plan that represents negotiations between Perata and Governor Schwarzenegger. Left out of the process in any meaningful way was Senate Republican Leader Dave Cogdill and Senate Republicans. You know what? You can tell. The so-called "compromise budget" is a bad budget, containing as its main eyesore a multi-billion dollar tax sales tax increase that will wallop California’s economy for years.
The plan put forth by the Governor deserves to be voted down outright — but the proposal on the Senate Floor is even worse than the Governor’s — the Governor calls for a three year increase in the sales taxes, followed by a decrease after that to permanently lower the state sales tax over the long haul. While we are dubious that this decrease would ever really occur, Senate Democrats want nothing of it. Their plan hikes the rate for three years, and then returns it back to existing levels.
The "roll" is still being held open in the Senate, where every… Read More