California's Budget Outlook Much Improved

Discussion in 'World Events' started by See Post, Nov 25, 2012.

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  1. See Post

    See Post New Member

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    Originally Posted By SingleParkPassholder

    From the non-partisan Legislative Analyst's office:


    <a href="http://www.lao.ca.gov/reports/2012/bud/fiscal-outlook/fiscal-outlook-2012.aspx" target="_blank">http://www.lao.ca.gov/reports/...012.aspx</a>

    "Budget Situation Has Improved Sharply. The state’s economic recovery, prior budget cuts, and the additional, temporary taxes provided by Proposition 30 have combined to bring California to a promising moment: the possible end of a decade of acute state budget challenges. Our economic and budgetary forecast indicates that California’s leaders face a dramatically smaller budget problem in 2013–14 compared to recent years. Furthermore, assuming steady economic growth and restraint in augmenting current program funding levels, there is a strong possibility of multibillion–dollar operating surpluses within a few years."
     
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    Originally Posted By skinnerbox

    WHOA! Don't tell Scott Walker about this!

    He thinks the only way to create a state surplus is to throw economically disadvantaged citizens under the bus and create a slave state of impoverished workers.

    <a href="http://mb.laughingplace.com/MsgBoard-T-125338-P-1.asp" target="_blank">http://mb.laughingplace.com/Ms...-P-1.asp</a>
     
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    Originally Posted By DyGDisney

    Hope that means we won't be threatened, YET AGAIN this year with cuts in our school district's music program.
     
  4. See Post

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    Originally Posted By mawnck

    >>Furthermore, assuming steady economic growth and restraint in augmenting current program funding levels<<

    Sigh.
     
  5. See Post

    See Post New Member

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    Originally Posted By ADMIN

    <font color="#FF0000">Message removed by an administrator. <a href="MsgBoard-Rules.asp" target="_blank">Click here</a> for the LaughingPlace.com Community Standards.</font>
     
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    Originally Posted By Labuda

    ^ Ah, ok. Welcome back, Beau.
     
  7. See Post

    See Post New Member

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    Originally Posted By skinnerbox

    The court ordered rehab program simply isn't working. Beaumandy was a lot more fun when he was pickled.
     

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