Tuesday, June 17, 2014

California Courtship , and big budget deal.

Brown passed a budget on time ,
with the largest spending
in history.
California succeeded in passing a whooping 108 billion dollar budget , it so huge as far as pending it sound more like a "debt" than a budget . The state Legislature on Sunday night approved a record $108 billion budget that has some new spending aimed at helping California's most vulnerable but also reflects Gov. Jerry Brown's insistence on fiscal prudence. The spending plan — which includes a $108-billion general fund, $7.3 billion larger than last year's — now goes to Brown, who has until the end of the month to sign it. He can still veto items he dislikes. One legislator remarked “The budget regrettably sets the state up for significant future spending obligations, such as the proposal to increase welfare grants by 5 percent,” said Assemblyman Scott Wilk, R-Santa Clarita, in a prepared statement. Worst part of Gov. Brown's budget does not go to any education funding but shift a portion of it for his Funding for the state’s proposed high-speed bullet train also came in for criticism. “The budget takes $250 million from Cap and Trade to fund high-speed rail. It also makes it an ongoing appropriation, taking away the Legislature’s right to appropriate and conduct oversight,” Wilk said. The way that I have read the information the cap of 6% on the districts only takes place if the rainy day fund is in place. There is no need for two rainy day funds and the money sent to the districts is for the kids that are there not the ones that might be there in the future. State funding for schools has been volatile in the past and the rainy day fund should make sure that it is steady. No school district needs to have surpluses that are in the 20% to 30% range if the state can make sure that the state funding is steady. Lets spend the money sent to us each year on the kids that are in the classroom that year. But Wilk said Brown “did not fulfill his promise to use Proposition 30 to fund public education, which California voters approved.”In addition to the Prop. 30 letdown, the budget rejects a bipartisan request to increase funding for the California State University by $95 million,” Wilk said. Unquestionably  that the big winner in Brown's budget is  the $68 billion high-speed rail project this week by persuading fellow Democrats to dedicate a steady future funding source for it in the state budget. When the construction  bid for the high speed rail begins hopefully Gov. Brown will be out of office .  That's not likely if he is defeated by a Republican , or otherwise we have to deal with massive spending and taxation just to keep this project going. Last week Republican Congressman Jeff Denham from the Central Valley got the House to cut off further federal spending on California’s bullet trains.“Why should the federal government be putting more money in a project that is non-existent today?” Denham asked.Four California Democrats joined Denham in voting to shut down high-speed rail.

Gov. Rick Perry courting California .


Selling Texas in California .
Any effort to turn California around from liberalism is doomed to fail. Texas Gov. Rick Perry is trying to woo dollars into Texas , yes he came over to California to sell Texas as a ideal area for business . I have to write that I have not seen Gov. Jerry Brown going to Utah and trying to woo businesses to "come" to Califroania . But a New York Times Magazine story released Tuesday says Perry’s so enamored with California that he could move there when his term ends.“Perry told me that he loves California, vacations in San Diego annually, visits the state about six times a year and might even move here in January when he’s done with his 14-year stint running Texas,” writer Mark Leibovich says in the article, which was based on comments the governor made while visiting Los Angeles.Perry isn’t seeking re-election in November but hasn’t ruled out a second presidential run after his 2012 White House campaign flamed out in a series of public gaffes. In April, he scored a major political victory when Toyota announced it was moving its U.S. headquarters from California to Texas. Perry persuading top employers around the country to move to Texas a centerpiece of his administration, even leading a series of job-poaching missions in Democratically controlled states. And California has been a prime target, with Perry bashing what he calls the Golden State’s high-tax, over-regulated ways. In ways I don't blame Perry. Our state is over taxed , and the high speed rail is an example of ambitious spending with no rewarding value to it's citizens . Texas Gov. Rick Perry slams California's business climate in a new radio ad airing this week across the state.He says in the ad that building a business in California is "next to impossible." And the solution he has for California businesses is clear: "come check out Texas."Perry says businesses should flee the supposedly not-so-Golden State for the Lone Star State, where there are "low taxes, sensible regulations and [a] fair legal system" (including roadblocks to suing a business when someone is injured or killed). Listen to the ad here.

No comments:

Post a Comment