As reported by the Associated Press:
Thank you for reading this post, don't forget to subscribe!SACRAMENTO, Calif. (AP) — On its face, Gov. Jerry Brown’s proposed $122.6 billion California budget plan would seem to please Democratic interests by pumping billions of new dollars into public schools, health care for the poor and public infrastructure, even as it bolsters the state’s rainy day fund.
Brown touted his income tax credit for the poor, a cost-of-living increase for the elderly, blind and disabled and more funding for universities and colleges when he laid out his general fund plan Thursday. He also urged fiscal prudence, calling for the state to put $2 billion more than legally required into its rainy day fund, bringing it to $8 billion by the end of fiscal 2016.
“You’ve got to plan for the down and level that out,” Brown said at a news conference, pointing to a chart showing the state’s boom-and-bust revenue history. “That’s what I’m trying to do in the budget.”
The Democratic governor’s general fund proposal marks the first step …
To a Leftist, you can never spend enough OPM.
And yet the d_mb_ss California voters keep voting in these elitist Liberal, Progressive, Leftist Democrats.
Belgius use it to pay their pensions for the state and give themselves in the legislature a pay increase! Just remember what happened the proposition 30 they gave themselves a pay increase!!
Yes, the dim bulb fools that we keep electing are oblivious to the 448 BILLION dollar unfunded liabilities that we owe. That works out to about $47,000 for a family of four. And I’m sure that a State populated with mainly illegals will be able to retire the debt,