California Gov. Brown Vetos Budget
Enter, California on the stage of the global financial crisis.
Democratic Governor Jerry Brown has vetoed the Democratic budget plan approved Wednesday in the Legislature, restarting talks over how to close California's $9.6 billion
I respect Brown and await developments. At least he's not threatening state employees like that governator asshole. California's broke! Got popcorn?!
Ditto on the respect for Brown. But keep it in perspective. This is just a negotiating ploy which will go on through the end of the month.
The real big question that soap opera fans want to know is whether the Controller is going to stop paying the Legislators. That would be priceless if it happened.
All Brown and the Sac Crony's want is higher taxes. But we all know if we gave these "lawmakers" our entire paychecks it would never be enough, same illness as the crony's in Washington DC.
Leading the fight to stop any more taxes. John and Ken Show on LA's KFI am radio. https://www.kfiam640.com/main.html
John and Ken's tax revolt hour, M-F @ 5 oclock
these guys are local heros in so California.
It appears that since they did pass a budget, although vetoed, they get to be paid. With a majority, big surprise
Not such a big deal. CA voters recently passed an Proposition 25 which supposedly prevented legislators from receiving paychecks unless they passed a budget on time. Notably, many pundits predicted that the legislature would pass a sham budget, that the governor would then veto it, lleaving the state, like usual, without a budget. Only now, because they did technically pass a budget, they can still get paid. Total sham if you ask me. One more issue to pay attention to is the attempt to shrink the third, co-equal branch of govt: the judiciary. The budget that was vetoed lopped off $150,000,000 from the judiciary. This would have forced closures of the courthouses for two days per month, or slightly more than ten percent of court days. So how does this matter? Simple. If the regular folk can't get court dates for visitation, child custody, small claims, or other routine civil court matters, then people will take justice into their own hands. Anarchy ensues. More crime, equals more need for police and hospital resources, which costs even more out of the govt coffers, which further exacerbates the problem, and so on. The knee jerk solution which the CA legislature always attempts, is to raise taxes, further driving businesses out of the state thereby further reducing revenues. Higher taxes also cause people to turn to cash transactions, further reducing tax revenue to the govt. Vicious cycle, but it is playing out all around me and I see it every day. What will happen is more of the same old same old. No budget will get done, because there is an insolvable problem of out of control pension costs coupled with a very unfriendly business climate. This means that expenses are up but revenues are down. Simply that. Until either expenses (pensions for state workers) get reduced, or revenues (tax receipts or oil royalties) increase, CA is doomed to failure on the budget issue. California is to the USA like Greece is to the European Union, in many ways, particularly with regard to profligate spending and no ability to live within their means. I just don't see a workable solution until govt shrinks and the pension system either implodes or CA once again begins to allow off shore drilling. Just my $0.02.
Well said CA Lawyer.
I love to visit California and most of my clients reside there, but I just don't see a workable solution other than extend and pretend.
The spending will continue until there is a crisis.