May Revise: Governor and Senate Leader Call for Reforms
Of course, being politicians, neither of the them really want reforms. But they need to put on a good show for the mass media.
On May 14, Governor Arnold Schwarzenegger released his May revision for the 2010-2011 State Budget. In this latest revision, the governor estimates a $19.1 billion general fund deficit, including a $1.2 billion reserve.
Some people might think that spending more than you have is a problem. However, the federal government has determined that spending more than you have will save the economy. So the State of California seems determined to recklessly follow the federal governments' advice. So the State of California is planning on going deeper and deeper in debt. But you don't worry. The State of California can always sell bonds to the uneducated who believe that the State of California may actually balance the budget and spend less than they collect in taxes at some time in the future. Just because the State of California has refused to spend less than they collected in taxes, and have done so since the State of California became a state, is no reason to believe that a miracle can't happen and the State of California will suddenly elect statesmen instead of criminals intent on looting the citizens of their hard earned money.
Governor Schwarzenegger proposes resolving the state budget deficit through reduced spending ($12.4 billion), additional federal funds ($3.4 billion), and new fund shifts and fees ($3.4 billion). In unveiling his proposal, the governor declared that there is "no more low-hanging fruit", that we must "shake the tree."
Heck. At this point, the governor is even willing to cut down the tree to balance the budget. After all, the governor can't run for office again, so it won't be his problem.
In response to the governor's May revision, Senate President Pro Tempore Darrell Steinberg (D-Sacramento) called the proposal a "non-starter" and stated that the Senate would not pass a budget that eliminates CalWORKS-California's social welfare program.
The democrats won't pass any budget that calls for a reduction in spending. However, in the spirit of bipartisanship that the federal denizens of Washington District of Criminals (D.C.) have shown, the state democrats are willing to show their dedication to fiscal concerns by raising taxes on anything that moves or exhibits any form of life that isn't a pet project of any politician.
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