Tuesday, June 12, 2012

California plans to utilize reserves to close budget gap


San Francisco Chronicle/Wyatt Buchanan/Marisa Lagos, 6/12/12.  "California budget set to pass legislative panels."

CA Reserves "good to the last drop"
"Lawmakers are expected to approve a framework for a state budget Tuesday, retaining most of Gov. Jerry Brown's plan but significantly reducing his proposed cuts to welfare, child care and other services that help the poor. Instead, lawmakers want to protect the programs in large part by slashing the state's proposed reserve nearly in half.

....  While their plan closely mirrors the proposal offered by Brown in May, numbers outlined by the Assembly call for a far smaller reserve - $614 million compared with the governor's $1 billion.Read Article.


Posted by Kathy Meeh

3 comments:

Anonymous said...

cut welfare and crime goes up. stupid democrats.

Back off regulating private business and you will see a boom in job creation.

Anonymous said...

Give me what I want in terms of pensions and work. And health care. Protect me from change and market forces in my job. And tax someone else, preferably someone else who has more than I do, so I can enjoy all these free benefits.

Kathy Meeh said...

Based upon your dialog Anon 2:03, 2:13pm, Somalia seems to be the best choice of a country that you would like.

Somalia Has everything you need, not much government, real low on regulations, wages not too high, occupational sea opportunities and small business employment. No worry about technical skills becoming out of date. No concerns about health care cost, old age or pensions. Country infrastructure taxes are low. Plenty of what we call "2nd amendment rights". And for a 5th year in a row, Somalia is #1, just in from CNN, 6/18/12.