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Articles Tagged: "State Budget"

State Budget

NEWS: California Democrats at odds over budget surplus

In the wake of a financial surplus due to the passage of Proposition 30, The Reporter reports Governor Brown, who has pledged to maintain fiscal restraint and build a cash reserve, faces pent-up pressure from members of his own party to go on a social programs spending spree with the additional revenue.

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OPINION: Walters: California budget isn't as sound as Brown says

Dan Walters writing for the Ventura County Star explains how Governor Brown's claims of balancing California's budget maybe based more on fantasy than a fact.

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OPINION: Conn Carroll: The California spending rush

In part two of his five part series for the Washington Examiner, Conn Carroll explains how Governor Brown made up the numbers he used to claim that California had balanced its budget, despite the Legislative Analyst's Office projecting that California would still end fiscal year 2014 with a $1.9 billion deficit.

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NEWS: Gov. Brown Uses Tricks to 'Balance' CA Budget

Breitbart.com explains how Governor Brown uses a series of optimistic assumptions to "balance" the State budget, including that the California's tax increases from last November won’t hurt the state's economy and tax revenues will grow; that California’s millionaires, hit with higher taxes again, won’t pack up and move to low-tax states; and that California’s housing market will improve and prices will go up.

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OPINION: California, Unsaved, Speeds Toward a Wall of Debt

While Governor Brown claims his recent budget makes important steps towards solving California's fiscal problems, Steven Greenhut writing for Bloomberg News explains how it is actually the latest in a series of “kick the can down the road” budgets that ignore the buildup of debts.

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