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[CA govenor] Davis plans to fill $23.6 billion hole with taxes, deep cuts
Associated Press ^ | 5-14-02 | ALEXA HAUSSLER

Posted on 05/14/2002 1:39:32 PM PDT by Oldeconomybuyer

Edited on 04/13/2004 2:40:18 AM PDT by Jim Robinson. [history]

SACRAMENTO (AP) --

(Excerpt) Read more at sfgate.com ...


TOPICS: Business/Economy; Culture/Society; Government; News/Current Events; Politics/Elections; US: California
KEYWORDS: budget; calgov2002; graydavis
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To: ElkGroveDan
Maybe Davis and the democrats should hold a telethon? ;)
21 posted on 05/14/2002 2:56:18 PM PDT by Frohickey
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To: Dog;calgov2002; Carry_Okie; SierraWasp; Gophack; eureka!; ElkGroveDan; Libertarianize the GOP...
thanks for the ping!

Important news!

calgov2002:

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Other Bump Lists at: Free Republic Bump List Register



22 posted on 05/14/2002 3:03:37 PM PDT by Ernest_at_the_Beach
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To: Oldeconomybuyer
It is nothing short of astonishing that a state as wealthy as, and possessing the tax base of, California is in the red.

I would half-way like to see Davis win a second term.

Few in the country are going to truly understand the evils and flaws of liberalism unless a state like Cali plows into the dirt.

23 posted on 05/14/2002 3:03:45 PM PDT by Psycho_Bunny
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To: Psycho_Bunny
Few in the country are going to truly understand the evils and flaws of liberalism unless a state like Cali plows into the dirt.

It is kind of sad how Republicans keep bailing out Democraps. The Pubbies inflict the medicine, take the blame for the pain, fix the fiscal problem, and when the situation eases people go back to the trough and vote for more empty promises.

24 posted on 05/14/2002 3:32:54 PM PDT by Carry_Okie
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To: Oldeconomybuyer
Davis pledged for months that he didn't intend to raise taxes to fill the budget hole. But Democratic lawmakers contended it would be impossible to solve a multibillion problem without tax hikes.

Gee, what a shock.

25 posted on 05/14/2002 3:45:59 PM PDT by lowbridge
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To: Oldeconomybuyer
borrow $4.5 billion ... from a 1998 settlement with tobacco companies.

That money was supposed to be used for health care costs to the state, not for the general fund. The state will still have to pay for some future health care for smokers, but how are we supposed to finance that, Mr. Davis?

26 posted on 05/14/2002 3:59:36 PM PDT by heleny
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To: Frohickey
Maybe not even phase the car tax in until well after the elections.

I'm registering my truck and cars using my mother's address in Utah this year. It'll take CA 1-2 years to catch me if I don't get any tickets.

27 posted on 05/14/2002 4:06:33 PM PDT by IncredibleHulk
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To: Ernest_at_the_Beach
The issue likely will be the centerpiece of an intense, election-year political battle over the budget. Republican lawmakers have said they will not supply their votes -- which are needed for the required two-thirds passage of the budget -- for a budget with a tax increase.

An understatement. This should make for an interesting summer of political battling. FreeRepulic will be burning up the bandwidth.

28 posted on 05/14/2002 4:17:34 PM PDT by Robert357
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To: Psycho_Bunny
"It is nothing short of astonishing that a state as wealthy as, and possessing the tax base of, California is in the red."

Not when you consider the 'redistributionist' golden rule--"Tax everything that is earned, and spend MORE than that securing your re-election."

29 posted on 05/14/2002 4:19:00 PM PDT by d14truth
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To: Oldeconomybuyer

It's all about ME

30 posted on 05/14/2002 4:21:38 PM PDT by ElkGroveDan
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To: Oldeconomybuyer
This year's plan is a drastic departure from the budget surpluses, tax cuts and generous spending

What a lie. We didn't have any tax cuts that weren't reversed, other than the vehicle license fee reduction. There should have been far more tax cuts instead of the generous spending when there was a surplus.

Davis is a liar. I heard a segment of his announcement today, and he said that a deficit of $20 billion would have been okay without tax increases, but that $24 Billion was too much. Why not just cut another $4 Billion? After all, he increased government by over $20 Billion in the last three years.

31 posted on 05/14/2002 4:22:25 PM PDT by heleny
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To: IncredibleHulk
It'll take CA 1-2 years to catch me if I don't get any tickets.

You had better have a cover story for any Gestapo neighbors who frown on you for having Utah plates.

32 posted on 05/14/2002 4:23:47 PM PDT by Dog Gone
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To: Myrddin
Davis is hoping AB1058 will revitalize the bicycle industry in California. Raising the vehicle registration is a way to encourage more $5 PNO declarations in place of $300+ registrations. Another 60 cents per gallon tax on gas in a market that is already overpriced? That will certainly stimulate business activities and associated revenus from commerce. A per mile fee is really nice too...in a state where things are so spread out that driving is a necessity. The democrats delayed their vote on AB1058 yesterday as a consequence of intense phone calls in opposition. The idiots may yet vote yes. Perata's 5 cents per cartridge tax on ammo is going to be a big fundraiser too.

And for all that, these idiots out here will probably re-elect the un-Governor to another four-year term. Incredible!

33 posted on 05/14/2002 4:28:54 PM PDT by Euro-American Scum
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To: Oldeconomybuyer
FOR IMMEDIATE RELEASE
May 14, 2002

SIMON STATEMENT ON MAY BUDGET REVISE

LOS ANGELES - Gubernatorial nominee Bill Simon released the following statement in response to Governor Gray Davis' proposed budget revision:

"Upon initial review, I am extremely disappointed in the governor's May Revision to the budget."

"The governor seeks to blame everyone but himself for the state's current fiscal crisis. His new budget makes everyone but himself pay, when the taxpayers know it was his gross mismanagement that put the state in this position.

"For three years, Governor Davis spent our tax dollars like there was no tomorrow. Now tomorrow has arrived, and all Californians are going to suffer because the governor was too busy fundraising to provide the leadership and make the tough decisions that would have prevented this crisis from growing out of control.

"I have said that a responsible budget would meet three criteria:

"First, no tax increases, second, protect public education and public safety, and third, that it address the long term structural flaws in the budget by avoiding placing too much of this deficit on the backs of future budget years.

"Regrettably, the governor's new plan fails all three tests, and the governor's mismanagement will be paid for by future generations of Californians."

34 posted on 05/14/2002 4:43:55 PM PDT by ElkGroveDan
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To: ElkGroveDan
BEAR backbreaker

35 posted on 05/14/2002 4:59:45 PM PDT by d14truth
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To: Oldeconomybuyer
What a bummer! Say goodbye, Grey!
36 posted on 05/14/2002 5:17:02 PM PDT by wingnuts'nbolts
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To: Oldeconomybuyer
The governor likes it--

But, then, he's a DOOFUS
37 posted on 05/14/2002 5:41:36 PM PDT by d14truth
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To: Oldeconomybuyer
"Davis pledged for months that he didn't intend to raise taxes to fill the budget hole. But Democratic lawmakers contended it would be impossible to solve a multibillion problem without tax hikes."

CUT SPENDING, Sacramento--It's OUR money, not yours!!!

38 posted on 05/14/2002 5:59:14 PM PDT by d14truth
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To: wingnuts'nbolts

39 posted on 05/14/2002 6:02:47 PM PDT by d14truth
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To: ElkGroveDan

SAYS--

Californians deserve better than $23.6 billion worth of taxes and 'broken promises'.

IT'S SIMPLE, VOTE SIMON!!! for responsible government in California.

40 posted on 05/14/2002 6:08:41 PM PDT by d14truth
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