The Progressive Pulse – Media seems to have forgotten keeping temporary sales, wealthy income tax as budget crisis option

Once again, the left conveniently ignores the fact that state spending has outstripped inflation and population growth over the past 20 years, that current levels of spending are unsustainable given the current economy, and that the economic outlook is rather bearish due to the high level of debt incurred at the federal level.

The next 2-3 years are going to require a serious wind down of public spending. 11 of 50 states are technically bankrupt, and will run out of money before the end of the fiscal year. Care to be the recipient of a CA IOU? Which is where we're headed unless spending is cut. The feds can't bail out everyone, and they chose Wall Street over Main Street, from which the state receives it's tax revenue. The writing is on the wall.

The governor would do well to present her own plans, instead of poo-pooing the new legislature's plans to decentralize government regulation. It's a little early for taking anything off the table. Besides a plan to reorganize, and outsourcing ITS, what are her plans? Reorgs don't provide an immediate cost benefit. However, let's give her the same benefit of the doubt she gives the legislature. Show us the savings, Bev. I'm more than willing to apply the same benefit of the doubt to you, as well Adam, run the numbers.

The Progressive Pulse – Media seems to have forgotten keeping temporary sales, wealthy income tax as budget crisis option