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Title: Shortfall in California’s Budget Swells to $16 Billion (Moonbeam says Obama blocking budget cuts)
Source:
Infowars/NY Times
URL Source: http://www.infowars.com/shortfall-i ... s-budget-swells-to-16-billion/
Published: May 13, 2012
Author: ADAM NAGOURNEY
Post Date: 2012-05-13 19:44:25 by Hondo68
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Keywords: new spending cuts, reductions to schools health c, illegal aliens & slut supplies
Views: 95595
Comments: 211
LOS ANGELES — The state budget shortfall in California has increased dramatically in the last six months, forcing state officials to assemble a series of new spending cuts that are likely to mean further reductions to schools, health care and other social programs already battered by nearly five years of budget retrenchment, state officials announced on Saturday. Gov. Jerry Brown, disclosing the development in a video posted on YouTube, said that California’s shortfall was now projected to be $16 billion, up from $9.2 billion in January. Mr. Brown said that he would propose a revised budget on Monday to deal with it. “We are now facing a $16 billion hole, not the $9 billion we thought in January,” Mr. Brown said. “This means we will have to go much further and make cuts far greater than I asked for at the beginning of the year.” Mr. Brown disclosed the news in a video that had all the trappings of a campaign announcement. In it, he aggressively accounted for the steps he said he had taken to try to scale back a $26 billion deficit he found upon taking office. And he urged viewers to back an initiative he is putting on the November ballot that would increase sales taxes by 0.25 percent and impose an income tax surcharge on wealthy Californians to try to stave off more cuts.
Poster Comment: Barack 0'bush forced Arnold Moonbeam to spend like crazy, and regulate until business left the state. Such a sad story from the D&R party. parasites
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Begin Trace Mode for Comment # 32.
#2. To: hondo68 (#0)
Who would have ever thought that taxing the hell out of the productive people so the parasites could live comfortably without working would come to financial disaster? Especially with the productive taxpaying citizens leaving the state in droves while the state continues to not only support the parasites in style,but even invite more parasites in from foreign countries? What could have possibly gone wrong?
I suppose that makes you feel better in some twisted way, but it is totally delusional.
Loonyming: I suppose that makes you feel better in some twisted way, but it is totally delusional. Hardly. Sneaky is telling it like it is. Keep 'brandishing your ignorance,' loon. Whenever I need a good laugh, I just look at your latest posts.
Your response to life is far to emotional to be rational.
#62. To: lucysmom, sneakypete (#32)
I merely confirm what Sneaky said. It is YOU who brings emotion into the picture. BTW, I notice that you fail to provide any data to back up your claims. Indeed, data is something you never introduce, because the data would always prove you to be a liar. "Without data, you're just another person with an opinion."
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#15. To: sneakypete (#2)
Especially with the productive taxpaying citizens leaving the state in droves while the state continues to not only support the parasites in style,but even invite more parasites in from foreign countries?
#29. To: lucysmom, sneakypete (#15)
sneakypete: Especially with the productive taxpaying citizens leaving the state in droves while the state continues to not only support the parasites in style,but even invite more parasites in from foreign countries?
#32. To: Capitalist Eric (#29)
Hardly. Sneaky is telling it like it is.
Replies to Comment # 32. Your response to life is far to emotional to be rational.
End Trace Mode for Comment # 32.
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