Brown budget drops Friday
Gov. Jerry Brown’s Inaugural Address, delivered yesterday, promised frugality while advancing ambitious goals on climate change, health care, education and the high-speed rail program. Rhetoric aside, the rubber hits the road on Friday with the numbers in his budget proposal for fiscal year 2015-16, which begins on July 1.
These are the numbers everybody works with until his May Revision of the budget. A budget then is passed by June 15, as required by the California Constitution.
For decades, the budget rarely came in on time. But it has done so in recent years for three reasons.
First, the economic recovery has erased the deficits of the later years of Gov. Arnold Schwarzenegger’s tenure.
Second, Brown actually has been more frugal than the spendthrift Hollywood actor.
Third, in 2010 voters passed Proposition 25, which dropped to a majority vote the previous two-thirds requirement in the Legislature to pass a budget (except for tax increases). Before that, the GOP minority could hold up budget passage until it got some of what it wanted, such as lower spending in general, or higher spending on favored local pork projects.
The things to look for in Brown’s new budget plan are how much he allocates to education reform, high-speed rail and especially pension reform. His Inaugural Address already said he’ll dedicate “saving $2.8 billion in the state’s new constitutionally protected Rainy Day Fund,” from Proposition 2, which voters passed last November.
At CalWatchDog.com, we’ll be hashing out the numbers for you starting on Friday. (And by “hash,” we don’t mean hashish, but corned beef hash.)
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especially pension reform
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Would you DOOMERS stop torturing yourselves over this! We have already had “pension reform”. More than enough and you should be thankful we agreed to it. Our economy is BOOMING and so is Calpers as always. If you so despise our pension then go get one of your own! If i were a DOOMER i would start by going after the corporate raiding pigs that took yours and filled their pockets with record paydays. Profits are soaring, Cali economy is back, car sales at record levels, theme parks at max capacity, sports venues sold out, and 80degree surf days in january!!!!! No wonder we are the envy of the nation…….
Better get you HVAC checked out at the hose pulling station there little buddy, the CO level is making you loopy.
California has most of the homeless and 25% of its citizens are at the poverty level.
What ever is going on at the station that is causing your giddiness it is not good for your health. 🙂
No wonder we are the envy of the nation…….
Yeah, and the highest poverty level is pretty cool, too. Ain’t it?
Yeah, and the highest poverty level is pretty cool, too. Ain’t it?
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Yeah Bobo, and the most millionaires and billionaires to! California has the EIGHTH LARGEST ECONOMY in the world! That’s right, bigger than France. We own the entertainment and computer industry, and we are the birthplace of most new ideas. We also feed most of the nation with our crops, and we can make or break national elections. We are rich, powerful, beautiful, multicultural and tolerant. Why don’t you DOOMERS just move to Texas already!!!!
My word–
well said NTHEOC!
I recently ran into a guy here in Orange County, he was going off about public employees getting pensions. Once he calmed himself and was able to start talking like a normal human being he began to tell me about his 50 plus acre ranch in Arizona, remodeling his beach house, and the new all electric BMW he just bought his wife! I thought to myself, REALLY! These are the people complaining about public employee pensions… Lmao, I don’t have a ranch or beach house. What is it with these teabaggers and libertarians??
Things are wonderful. Keep buying. Thank-you.
Resolution 2015
No more pension stuff. It is a beater, beat, done, over.
As far as the budget, it will come, the sun will rise. Get over it. You’re ruled for you doomers have unpopular ideas.
Embracing Prop 187 wanting to herd immigrants in boxcars for the final ride south did you in forever.
Now kneel and kiss Jerry’s ring!
The cal pensions will meet the same fate as the Central States Teamsters Fund. someone will challenge the California method, once promised, can t be changed. The Supremes will rule against the state. Issue will indeed be over. Take heart, you will be dead before it happens. Hopefully, you won t be dug up for soup bones. That would suck.
Oh Desi Girl–
What you appear not to know about Fitz and the CS PF would fill volumes– don’t pretend you know anything Nurse Google-Shart– it’s obvious to the Ted that you do not…..
Ted “ready for the final post”.
Who cares what a “soon to be a goner” thinks?