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Gov. Jerry Brown says California facing higher-than-expected $16 billion budget shortfall
Washington Post ^ | 05/13/2012

Posted on 05/13/2012 7:47:57 AM PDT by SeekAndFind

SACRAMENTO, Calif. — California’s budget deficit has swelled to a projected $16 billion — much larger than had been predicted just months ago — and will force severe cuts to schools and public safety if voters fail to approve tax increases in November, Gov. Jerry Brown said Saturday.

The Democratic governor said the shortfall grew from $9.2 billion in January in part because tax collections have not come in as high as expected and the economy isn’t growing as fast as hoped for. The deficit has also risen because lawsuits and federal requirements have blocked billions of dollars in state cuts.

“This means we will have to go much farther and make cuts far greater than I asked for at the beginning of the year,” Brown said in an online video. “But we can’t fill this hole with cuts alone without doing severe damage to our schools. That’s why I’m bypassing the gridlock and asking you, the people of California, to approve a plan that avoids cuts to schools and public safety.”

Brown did not release details of the newly calculated deficit Saturday, but he is expected to lay out a revised spending plan Monday. The new plan for the fiscal year that starts July 1 hinges in large part on voters approving higher taxes.

The governor has said those tax increases are needed to help pull the state out of a crippling decade shaped by the collapse of the housing market and recession. Without them, he warned, public schools and colleges, and public safety, will suffer deeper cuts.

Democrats, who control the Legislature, have resisted Brown’s proposed cuts so far this year. Republican lawmakers criticized the majority party for building in overly optimistic tax revenues.

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


TOPICS: Business/Economy; Culture/Society; News/Current Events; US: California
KEYWORDS: budget; california; deficit; jerrybrown
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1 posted on 05/13/2012 7:48:02 AM PDT by SeekAndFind
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To: SeekAndFind

Hey Jerry! Choke on it! You dips deserve it.


2 posted on 05/13/2012 7:51:43 AM PDT by Gaffer
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To: Gaffer

they need to learn to live within their income.


3 posted on 05/13/2012 7:53:03 AM PDT by television is just wrong
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To: television is just wrong

So stop spending and up the taxes, you socialist clowns.


4 posted on 05/13/2012 7:54:12 AM PDT by hal ogen (First Amendment or Reeducation Camp?)
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To: SeekAndFind

“The new plan for the fiscal year that starts July 1 hinges in large part on voters approving higher taxes.”

Well , if the voters vote to approve higher taxes, let’s take it to court and get it overturned , just like Prop 8.
Sounds like a plan, moonbeam.
At least it will be tied up in court for possibly years.


5 posted on 05/13/2012 7:54:40 AM PDT by Carl LaFong (Experts say experts should be ignored.)
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To: television is just wrong

The curious thing is if voters (say 51-to-49 percent) vote against the tax hike....then what?

I would anticipate a five percent hike on tuition in the fall. I would also anticipate counties and cities getting less state revenue....so fewer services. If you were a small business man with an operation that could be relocated to Nevada or Arizona....I’d now is the time to find a site and prepare for the move. California has got a minimum of two decades of problems ahead of it.


6 posted on 05/13/2012 7:58:17 AM PDT by pepsionice
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To: television is just wrong
They just will not do that. There are an awful lot of nice conservative folks in Kallie - most of them inland and way from LA, SF, etc. minding their own business, working and paying taxes. They still, however, refuse to believe that state is lost and that the people that vastly outnumber them will be coming for what they have when the money is gone. The leeches in Kallie are depending on the other states. Maybe Obama will give them the $16 billion, maybe not. Problem is that there is no $16 billion to give Kallie. Reconquista the place - cut it loose - give it back and write it off, along with all their electoral votes. Would do wonders for the rest of the country.
7 posted on 05/13/2012 7:59:31 AM PDT by Gaffer
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To: SeekAndFind

They want to pay their fair share so let Hollywood bail them out.


8 posted on 05/13/2012 8:03:59 AM PDT by FES0844
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To: SeekAndFind

“Higher than expected”

It is to laugh.


9 posted on 05/13/2012 8:04:36 AM PDT by spankalib (The Marx-in-the-Parks crowd is a basement skunkworks operation of the AFL-CIO)
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To: spankalib

RE: “Higher than expected”

It is to laugh.

________________

Yes it is. These liberals are CLUELESS.

Any true conservative can predict the consequences of Jerry Brown and the California legislature’s TAX, SPEND and REGULATE policies.

Businesses don’t start or Establish businesses go elsewhere, unemployment rises resulting in less tax payers, the tax base crashes, in the meantime you still need to fulfill the overgenerous obligations you promise government employees. Of course the deficit will rise.

Yet, as you read the article, what does Gov. Moonbeam propose — MORE TAXES !!

This is the definition of insanity — Doing the same thing over and over again hoping for a different result.

Who was it who said : “Liberalism is a mental disorder”?


10 posted on 05/13/2012 8:11:19 AM PDT by SeekAndFind
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To: SeekAndFind

This comes as a surprise to this jackass? He’s stupider than I thought! (And that’s saying plenty!)


11 posted on 05/13/2012 8:12:30 AM PDT by Savage Beast ("You can, in fact must, shout fire in a crowded theatre. It just has to be the truth. " J. Goldberg)
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To: SeekAndFind

“Gov. Jerry Brown says California facing higher-than-expected $16 billion budget shortfall”

Better headline:

California government illegally overspent 16 Billion dollars and expect taxpayers to foot the bill.


12 posted on 05/13/2012 8:18:03 AM PDT by edcoil (It is not over until I win.)
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To: spankalib
“Higher than expected” - It is to laugh.

Yes indeed, "unexpected" once again. Who knew? Certainly not liberal "experts." Not only are there "higher than expected" deficits due to increased taxes, increased spending, union boot licking & corruption, and unrestricted welcoming & handing out of money to legions of illegal & legal parasites alike, but there are no rainbows and unicorns either. Could we at least have gotten some rainbows & unicorns? That's unexpected as well I guess.

13 posted on 05/13/2012 8:21:43 AM PDT by MCH
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To: Gaffer

DEFICIT = $16 Billion

... the deficit is the short-fall for just this year

... then next year it’s another 16-20 billion ... and more the year after that ... and so, and so on. California has a serious problem with simply saying “no” because its politicians are gutless


14 posted on 05/13/2012 8:29:57 AM PDT by canuck_conservative
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To: SeekAndFind

It’s extremely expensive to educate, medicate, and incarcerate Mexico’s citizens, but CA will go bankrupt trying.


15 posted on 05/13/2012 8:35:06 AM PDT by txrefugee
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To: canuck_conservative

Oh, I agree and understood that. It makes one just want to go out and buy some Kallie Municipal Bonds and wait and see how long it takes to get stiffed like the premium bond holders with GM were. They are going to pay a high price for their ‘caring’. Much of the rest of this country could care less what happens there.


16 posted on 05/13/2012 8:40:07 AM PDT by Gaffer
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To: SeekAndFind
i guess deporting a few thousand illegal aliens is out of the question..
17 posted on 05/13/2012 8:47:44 AM PDT by Chode (American Hedonist - *DTOM* -ww- NO Pity for the LAZY)
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To: SeekAndFind
Brown and politicians of his stripe remind me of the stereotypical witch doctor in the old black and white movies. In order to scare the demons assailing the patient, he jumps around and shakes a Ju-Ju doll at the afflicted. In this case the Ju-Ju doll is labeled "cuts to schools and public safety".

Yahoo is running this - 14,200+ comments so far, mostly negative. The people get it, the pols don't. Tell me that this is still a Republic.

Symptomatic of Brown's hypocrisy and California's problem is this 2011 article: Brown Deal Lifts Vacation Cap For California Prison Guards

18 posted on 05/13/2012 8:51:45 AM PDT by Oatka (This is America. Assimilate or evaporate.)
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To: Chode

Of course..


19 posted on 05/13/2012 9:06:13 AM PDT by stephenjohnbanker (God, family, country, mom, apple pie, the girl next door and a Ford F250 to pull my boat.)
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To: stephenjohnbanker
what was i thinking???
20 posted on 05/13/2012 9:12:00 AM PDT by Chode (American Hedonist - *DTOM* -ww- NO Pity for the LAZY)
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