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Gov. Schwarzenegger Increases CA Deficit by $4 Billion
Enough with the pundits, its time for the voice of the people!
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| Gov. Schwarzenegger Increases CA Deficit by $4 Billion |
| 11.18.03 (10:17 am) [edit] |
Within one hour of the hollywood style inaguration of now California Governor Arnold Schwarzenegger, the new man in charge signed an executive order repealing the vehicle registration increase signed into law by former Gov. Davis earlier this year.
The move will effectively cost county and local governments $4 Billion. Recalled Governor, Gray Davis signed the automatic increase into law so that local public safety agencies would not lose much needed funding in an era of heightened security due to past and potential terrorist acts.
The City of Los Angeles, stand to lose nearly $400 million from their budget. The Los Angeles Police Department is currently 3,000 officers short of what is needed to effectively fight crime in the nation's second largest city. Now they must deal with laying off officers to cover a $230 million gap in its budget.
Thanks Arnold. Great move. Can't wait to you repeal the driver's liscense for undocumented workers law so that I can be run over by a hit-and-run driver. There will be no police to hunt the culprit down and limited medical care services available to provide emergency treatment.
Oh, by the way, now the budget deficit will increase another $4 Billion dollars. And you plan to pay for this with a $20 Billion dollar bond?
[b]Taking on debt to pay off debt.[/b]
Or in other words, using your credit card at a higher interest rate, to pay off your car loan. At the end of the day the people will end up paying more money. Can someone say Recall.
-Proletariat
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posted by: therealspartacus007 (reply)
post date: 11.18.03 (11:13 pm)
I don't understand why anyone votes Republican. They talk about decreasing spending, but all they do is take out loans that in a couple years increase spending. You have to cut costs before you can cut taxes.
posted by: newbie (reply)
post date: 11.19.03 (3:37 pm)
Does the Governator really know what he's doing or is he just acting?
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