Friday, January 10, 2014

"After picking the pockets and balancing California's budget on the backs of hardworking taxpayers through the largest tax increase in state history, Gov. Brown this morning declared all of California's problems magically solved”

GOP candidate Tim Donnelly slams Gov. Jerry Brown's budget plan - LA Times

“It must be nice to view the state's problems through such rose-colored lenses. The reality is, a magnitude of problems still face California. The governor's surplus is a myth. It will be short-lived, as businesses flee the state to escape Prop. 30.”

Brown on Thursday morning unveiled a $155-billion budget proposal that would increase general fund spending by more than 8%, to $106.8 billion. With his administration projecting a $4.2-billion surplus at the end of June, Brown called for setting up a $1.6-billion rainy-day reserve fund, and for paying down $11 billion of the state’s debt. The proposal calls for a $10-billion infusion into schools and community colleges to make up for years of cutbacks, $1 billion in new money for higher education to ward off new tuition increases, and $670 million more for the state’s public healthcare system to deal with new enrollees because of the federal healthcare overhaul.

Donnelly faulted the plan for failing to tackle the state $218-billion unfunded pension liability, for including billions of dollars of new spending, for proposing to make it easier for cities to raise taxes and for shifting money to the high-speed rail proposal.

“The real bottom line: The fiscal outlook for millions of Californians isn't as rosy as Jerry Brown would have you believe," Donnelly said.

Brown's GOP opponents respond to budget proposalv - UT San Diego

"...not a single penny" is dedicated to tax incentives or tax credits to lure people back to California.

"We're seeing people literally get a U-Haul and leave California, and he's spending money like it's 1999," (Donnelly) said.

Jerry Brown's $107 billion California spending plan leaked - SF Chronicle