Brown unveils budget proposal with zero deficit (Orange, Millbrae: closing, quality of life)

[u225615]

Originally Posted by Fontucky

Brown already declared 2013 "the year of fiscal discipline and living within our means."

That should be every year.

Amen to that!

[ZhugeLiang]

Hi, independent here. More of Jerry Brown's new math. The guy who once proclaimed that he wouldn't resort to accounting tricks in his budget has done precisely that. The article itself even points out the new spending yet to take place and where does this money come from in the budget? Yep you guessed it, on revenues that haven't been collected yet!

Even after prop 30 CA still faces a $1 billion shortfall in tax revenue. Brown hasn't balanced anything.

[ryuns]

Originally Posted by ZhugeLiang

Yep you guessed it, on revenues that haven't been collected yet!

To be fair, I'm pretty sure that's how budgets work. You have to PROJECTED income and PROJECTED spending because those things haven't happened yet. There may be some good reasons to guess that the projections are incorrect (they have been in the past, e.g.), however.

[Curmudgeon]

Originally Posted by Perry Mason

It took a Democratic Governor to balance the budget. Say what you want about Democrats, but you can't say that they didn't make a great deal of cuts to the budget to services, many of which Republicans in the legislature opposed.

Ah, the irony. People tend to blame the fiscal mess of the state on the public employee unions. They conveniently seem to forget that it's that same Democratic Governor who sold the state to those unions in the first place. But I give him some credit for mucking-out his own stall this time around.

[ZhugeLiang]

Originally Posted by ryuns

To be fair, I'm pretty sure that's how budgets work. You have to PROJECTED income and PROJECTED spending because those things haven't happened yet. There may be some good reasons to guess that the projections are incorrect (they have been in the past, e.g.), however.

This is also the trouble with baseline budgeting. You can fudge up the numbers to tell any story you like.

[jkbatca]

Originally Posted by pch1013

I can hear you cons rolling your eyes already...

Jerry Brown: California's deficit is gone - SFGate

I guess you libs believe everything you read...

[Leonard64]

Originally Posted by Curmudgeon

Ah, the irony. People tend to blame the fiscal mess of the state on the public employee unions. They conveniently seem to forget that it's that same Democratic Governor who sold the state to those unions in the first place. But I give him some credit for mucking-out his own stall this time around.

Wonder if the Unions get a seat at his table when the budget is discussed and of course veto power if they aren't happy.That will tell us a lot.

[kanhawk]

Does anyone know if the state will be reopening some of the state parks and state park services they closed down the last couple of years?

[Marv101]

Revenue projections are usually wrong, and the history books have always shown that raising taxes NEVER results in an increase in revenues as our clueless President will also discover at the end of this year.

California is still broke, regardless of what the liberal press is gushing about.

[EclecticEars]

I'm optimistic about a lot of things about California's future. Governance and electorate aren't two of those things.

Broke is broke IS BROKE, folks! California's broke, plain and simple! We ain't got no money, to put it so eloquently. We have a spending problem, not a revenue problem, and that is why I voted against every single tax increase, local and state, on the Nov. 2012 ballot. If I can live in the Bay Area on $1300/mo. for months on end, the State can cut educational aid to illegal immigrants and reduce welfare eligibility, two great starts!

Liberals have a lot of great, well-meaning ideas, but the proposals and implementations thereof are often idiotic.