LOS ANGELES — Gov. Jerry Brown called on California voters Thursday to approve $6.9 billion in temporary new taxes, including a surcharge on big earners, as part of yet another bad-news budget proposal, this one for 2012. He warned that without those tax increases, California would be forced to impose severe cuts in public schools that could reduce the school year by three weeks.Read the rest here.
Mr. Brown said that California was in significantly better shape than it was a year ago when he took office, pointing both to very gradual improvements in the economy and to cuts put in place in the current budget. The state still faces a shortfall of $9.2 billion next year, compared with a $26.6 billion shortfall last year.
But his latest budget proposal made clear that California has not emerged from what has proved to be the most difficult and destructive fiscal storm in its history.
Even if voters approve the taxes Mr. Brown proposed as part of the $92 billion budget for 2012 — which is far from certain — this budget still contains a new round of $4.2 billion in cuts, mainly to welfare and home health care. Last year, the state imposed over $5 billion in spending cuts.
is the blog of an Orthodox Christian and is published under the spiritual patronage of St. John of San Francisco. Topics likely to be discussed include matters relating to Orthodoxy as well as other religious confessions, politics, economics, social issues, current events or anything else which interests me. © 2006-2024
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