Saturday, June 14, 2014

California state budget is expected to pass 6/15/14


The Sacramento Bee/Editorials/the Editorial Board, 6/14/14.  "Here's to another year of civil budget making in Sacramento."
How about a State budget
for Father's Day, Sunday! 

California can afford to give
each city one of these
"As Father’s Day approaches, we give thanks for small gifts.And as California lawmakers and their staffs sacrifice their weekends for a Sunday vote on a state budget, may we say, yet again, how much we appreciate the lack of money drama this year?

....Kudos mostly go, of course, to California voters, who in 2010 stopped requiring a gridlock-inducing, two-thirds legislative majority just to do the state’s financial business. Since then, the simple majority rule has been the gift that keeps on giving – and the additional provision that, if lawmakers don’t pass a budget on time, they won’t get paid.
 
But credit where credit is due: The budget on which legislators will vote this weekend looks to be a good one, negotiated by a governor and legislative leaders who made smart, thoughtful choices. For instance, the proposed deal includes not only a reserve but also a $3 billion-or-so rainy-day fund. It also applies $10 billion or more to the state’s “wall of debt.” Lawmakers also adhered to Gov. Jerry Brown’s conservative revenue projections, so that no one would be tempted toward champagne spending on a rice-cake income."   Read article.

Reference - California State Budget, 2014-15.   

Note photographs:  rice cakes from Confessions of an antique home; "Happy Father's Day" chalkboard from Save More Spend Less with Heidi.

Posted by Kathy Meeh
Read more here: http://www.sacbee.com/2014/06/14/6482506/editorial-heres-to-another-year.html#storylink=cpy

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