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Tag Archives: 2010CalBudget
Furloughs Return to California; Are IOUs (Registered Warrants) Coming in September?
Governor Schwarzenegger announced yesterday that he has reimposed mandatory furloughs on state workers. Beginning in August there will be three furlough days a month for most state employees. These days are without pay and are a means of helping to … Continue reading
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Tagged 2010CalBudget
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As the Budget Churns (2010 Edition)
California’s constitution required a budget be enacted by June 30th. Californians ought to ask June 30th of what year as there are no negotiations in Sacramento right now. Meanwhile, there was some news from Governor Schwarzenegger. He told reporters today, … Continue reading
California Heading to the Abyss
Usually, the Democrats and the Republicans in the California legislature at least realize the problems that exist with the budget. In past years, the Democrats will propose raising all sorts of taxes knowing they’ll only get a little of what … Continue reading
The Abyss Beckons
The immovable object and the unstoppable force need to get ready: California’s annual budget woes are heating up. The Bronze Golden State is facing a $19 billion deficit, and Governor Schwarzenegger has proposed a new budget that has no chance … Continue reading
It Was Only Unexpected for the Legislature…
The Los Angeles Times story starts, State tax collections plummeted unexpectedly in April, wiping out months of steady gains that legislators hoped would ease their budget troubles and restore California’s economy faster than experts predicted. Perhaps the Legislature or newspaper … Continue reading
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Tagged 2010CalBudget
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The “B” Word
Notwithstanding sections 109 (d) and 301 of this title, a case under this chapter concerning an unincorporated tax or special assessment district that does not have such district’s own officials is commenced by the filing under section 301 of this … Continue reading
One Ray of Sunshine Amid the Darkening Gloom
California’s tax revenues were $1.2 billion higher than expected in January according to the Department of Finance. Democrats in the Legislature are unfortunately delusional about what $1.2 billion does to a $19.9 billion deficit. From the Mercury-News: “There is a … Continue reading
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Tagged 2010CalBudget
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Colorado Loves California Day
A news story out of Denver notes: Colorado lawmakers were incredulous after Gov. Bill Ritter declared that today is “Colorado Loves California Day.” Republican Rep. Jim Kerr of Littleton said, “Are you kidding me,” after he found out it wasn’t … Continue reading
How Stupid Can the Democrats in our Legislature Be?
The answer is very, very stupid. On a party line vote, the California State Senate passed a health care bill that would cost $200 billion. The legislation will undoubtedly be vetoed by Governor Schwarzenegger. Meanwhile, as I reported earlier California … Continue reading
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Tagged 2010CalBudget
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Schwarzenegger Versus the Unions
Governor Schwarzenegger is taking on unions with his final budget. Steve Maviglio, a Democratic strategist, told the Los Angeles Times, “It’s a continuing jihad against organized labor. The governor thinks public employee unions are Enemy No. 1.” So what does … Continue reading