Politics
Out of context: Reply #7242
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- ukit0
Interesting article regarding the CA budget situation...
http://www.latimes.com/news/opin…
"California has two budgets. One is passed by lawmakers. The other is improvised at the ballot box. The state's Constitution requires that the budget put together in Sacramento at least pretend to be balanced. The spending that voters enact operates under no such discipline. We do what we please.
And what usually pleases us is to add billions in spending obligations without providing any revenue to pay for them. Over the last decade, voters have passed bonds and programs, as well as shifted general tax revenue to transportation, that will cost the general fund -- when all the bonds are sold -- about $9.5 billion in debt service and spending a year, according to estimates by the Legislative Analyst's Office. That's equivalent to 9% of the current general fund,or about the total cost of all of today's state social service programs."
- I said in a note on last page, CA politics suck. They are the worst of both worlds.TheBlueOne
- *happy to live in tax and spend NYC. Costs of living can be ridiculous, but at least you see what you pat for. Most of the time.TheBlueOne
- time.TheBlueOne
- You may be one of the last few to be sincerely happy about NYC's situation. Don't fib now.********
- The deal with the MTA fare / toll hikes actually worked out ok...so far...TheBlueOne