a_unique_person
Director of Hatcheries and Conditioning
California's huge deficit is a political nightmare for the new Governor, writes Gerard Wright in Los Angeles.
After the euphoria, Arnold Schwarzenegger was quickly facing reality - confronting massive public expectations that he will be able to overcome the financial crisis afflicting the world's fifth largest economy.
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Mr Schwarzenegger's campaign mantra that he would balance the state budget will be immediately tested by his pledge to repeal a 300 per cent increase in car registration fees, worth $US4 billion.
Also confronting the neophyte governor will be the relics of past voter revolts and the laws they forced on their representatives. Under these laws, much of the state budget is already committed to specific programs such as education, which must receive a minimum of 40 per cent of the budget total. Revenue from petrol taxes can only be spent on transport.
Also confronting the neophyte governor will be the relics of past voter revolts and the laws they forced on their representatives.
In all, 80 per cent of budget spending - which this year will be $US100 billion - is compulsorily allocated.
I was wondering why Davis hadn't or couldn't do what Arnie says he will. It appears to me that it is Californians themselves that have dug their own grave. A state budget that has 80% that cannot be changed because of requirements forced by those same voters. They have been trying to have their cake and eat it too.
One change that I think makes perfect sense, tripling the cost of registering a motor vehicle will be rescinded.
The 'mob rule' that the Federal Constitution was designed to prevent for the country seems to be alive and kicking in California.
http://www.theage.com.au/articles/2003/10/09/1065676094490.html
lol