Tag: Arnold Schwarzenegger
Looking at California from Florida
As a Floridian, I’m looking at California’s budget mess with some amazement. The state’s 2009-10 budget is $111 billion, up 6% from the prior year, and $25 billion more than the year’s projected revenues of $86 billion. The budget’s expenditures are 29% greater than projected revenues! Yes, times are tough, we’re in a recession...
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The California State Budget Disaster
Voted in as Governor of California in a 2003 recall election of Gray Davis and his then $34.6 billion state government budget crisis, Arnold Schwarzenegger has since presided over a 40% increase in spending and a projected $42 billion deficit for the current fiscal year. At the Sam Adams Alliance’s Sunshine Review, the National...
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