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Thu Jan 10, 2013, 04:35 PM

Jerry Brown: California's deficit is gone

For the first time in five years, California is not facing a deficit as Gov. Jerry Brown and lawmakers work to put together a spending plan for the next fiscal year.
Brown released his budget Thursday morning for the 2013-2014 fiscal year, proposing a $97.7 billion plan that is 5 percent higher than the current year's spending.
...
Budget deficits projected in the January spending proposal the past few years include:
-- Jan. 2008, $14.5 billion
-- Jan. 2009, $41.6 billion
-- Jan. 2010, $18.9 billion
-- Jan. 2011, $25.4 billion
-- Jan. 2012, $9.2 billion
-- Jan. 2013, none

Read more: http://www.sfgate.com/bayarea/article/Jerry-Brown-California-s-deficit-is-gone-4183371.php#ixzz2HbvkcEKZ


Republicans and baggers: next time you want to whine and moan about fiscal responsibility and balanced budgets, I'd suggest you take notes from our good governor, Jerry Brown. You can still call him Moonbeam if you want, but this moonbeam just erased our deficit. Suck it.

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Arrow 11 replies Author Time Post
Reply Jerry Brown: California's deficit is gone (Original post)
DisgustipatedinCA Jan 2013 OP
KamaAina Jan 2013 #1
Cali_Democrat Jan 2013 #2
Tempest Jan 2013 #3
ProfessionalLeftist Jan 2013 #4
lunatica Jan 2013 #5
kentuck Jan 2013 #6
DisgustipatedinCA Jan 2013 #7
greytdemocrat Jan 2013 #8
REP Jan 2013 #9
rickyhall Jan 2013 #10
SoCalDem Jan 2013 #11

Response to DisgustipatedinCA (Original post)

Thu Jan 10, 2013, 04:36 PM

1. Sincere thanks to everyone who made this possible by voting for Prop 30

now let's get to work on restoring some of the vital services, especially education and healthcare, that were gutted under Ahh-nuld and gutted further in Brown's first two years.

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Response to DisgustipatedinCA (Original post)

Thu Jan 10, 2013, 04:42 PM

2. Take a Republican out of office, put a Democratic one in

See what happens? The US budget deficit growth is also projected to slow under Obama.

It's a miracle? Well....no, not really.

It's called math and the GOP fails at it.

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Response to Cali_Democrat (Reply #2)

Thu Jan 10, 2013, 04:55 PM

3. They proved that through their polling during the election

And during the debt ceiling talks.

Low information, low effort conservative thinkers.

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Response to DisgustipatedinCA (Original post)

Thu Jan 10, 2013, 05:07 PM

4. Happens every Democrat. This is why...

...Republicans should NEVER be allowed to handle budgets.

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Response to DisgustipatedinCA (Original post)

Thu Jan 10, 2013, 05:35 PM

5. I work in UC Berkeley

Believe me the State funded education has been cut to the bone in the last few years. Now Gov. Brown is going to add about 5% more to the funds. Whew! It's been really painful.

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Response to lunatica (Reply #5)

Thu Jan 10, 2013, 05:36 PM

6. It was painful...

But he did it! Now maybe the state can begin its recovery. Because as California goes, so goes the nation. His state should be a model for the whole country.

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Response to lunatica (Reply #5)

Thu Jan 10, 2013, 05:52 PM

7. to the bone, and then some

I have a relative who just got a layoff notice from the community college where she works in Ft. Bragg. It's just a little speck compared to Berkeley, but they've been devastated too. The most striking part about this story to me is that, had Prop 30 not passed, we'd be seeing headlines about the largest deficit in state history, and even more cuts coming to education, social services, etc.

Imagine that: this is the very thing Republicans scream bloody murder about, over and over and over. There's NOTHING on the planet more important to Republicans than low taxes. As a result, we in California have had year after year of record budget shortfalls, with family-ruining layoffs, budget sleight-of-hand to make the numbers work out each year, and fewer and fewer services offered by the state. Now we've raised the sales tax by one quarter of one percent, and we raised income taxes on rich people. Poof, bang, bam, and the deficit is gone. No doubt, we still need to climb out of the hole we're in, but for the first time in recent memory, we have an easily balanced budget. What did it cost? Well, my Starbucks coffee costs about a penny more than it used to. And if I ever start grossing a quarter million dollars per year, I'll have to pay a little more in income taxes. That's it. Our budgetary problems have been mostly resolved with a tax hike that just isn't going to hurt anyone, especially the whiny rightwingers who complain about it the most.

The Republicans' worst nightmare has come true--a tax increase was enacted, the tax increase fixed almost all of our fiscal problems, and no one is worse off for it.

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Response to DisgustipatedinCA (Original post)

Thu Jan 10, 2013, 06:30 PM

8. Like most things...

I'll believe it when I see the numbers, not a forecast.

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Response to DisgustipatedinCA (Original post)

Thu Jan 10, 2013, 06:32 PM

9. Seriously? Wow!

I love my adopted state!

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Response to DisgustipatedinCA (Original post)

Thu Jan 10, 2013, 07:03 PM

10. Democratic Governor

My state: Arkansas
Governor Beebe: Democrat
Budget: Balanced

Too bad we lost our Democratic Rep but still have Democratic Senator, Mark Pryor

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Response to DisgustipatedinCA (Original post)

Thu Jan 10, 2013, 07:07 PM

11. Know how we did it?

Raised taxes for starters..

Sure it sucks to pay higher takes, but you cannot have a new car for the price of a used clunker..

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