Saturday, July 09, 2005

Put some more lipstick on that pig boys, we got a budget deal.

As the Governor and the Democratic leadership applaud themselves for the compromise deal on the budget, Tom McClintock talks about the elephant in the room.

I am sorry to interrupt the chorus of self-congratulations, but I feel compelled to state an obvious fact -that this budget is $6 billion out of balance; that the state's chronic deficit spending is getting worse, not better; and that the growth of general fund spending is growing and not shrinking.

Nor can I join applauding the 'painstaking negotiations' that have produced this document. The fact is, in May the Governor proposed spending $88 billion (General Fund), the Democrats countered at $89 billion, and they have now compromised at $90 billion. I suppose it is a blessing that the negotiations didn't go on any longer.
Get the full text here.

No comments: