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California Budget Crisis Worsens, Balloons to $16 Billion. Huge Cuts on the Way from Governor Moonbeam

How about a huge LOL for Liberal fuck up land. Democrats have run this place into a shit hole so what do we do out here? We elect Jerry Brown!!! Isn't this shit great?
Gov. Jerry Brown announced on Saturday that the state's deficit has ballooned to $16 billion, a huge increase over his $9.2-billion estimate in January.

The bigger deficit is a significant setback for California, which has struggled to turn the page on a devastating budget crisis. Brown, who announced the deficit on YouTube, is expected to outline his full budget proposal on Monday in Sacramento.

"This means we will have to go much further, and make cuts far greater, than I asked for at the beginning of the year," Brown said in the video.

Lawmakers and others were hoping that a rebounding economy would help the state avoid steep cuts to social services. But revenue in April, the most important month of the year for income taxes, fell far short of expectations, leading to a shortfall of at least $3 billion in the current fiscal year.

The state has also spent $2.1 billion more than expected, according to the controller, further worsening California's financial health.

Advocates involved in budget discussions say they expect deeper cuts to social services than Brown originally proposed in January. Union officials are also in negotiations with administration officials about ways to reduce state payroll costs, an issue that wasn't on the table earlier this year.

Brown has said there will be even deeper cuts, mostly to public education, if voters do not improve tax hikes in November. He is seeking a quarter-cent increase in the state sales tax for four years and a seven-year hike on incomes of $250,000 or more that will range from 1 to 3 percentage points. He says the measure would raise $9 billion in the upcoming budget year.





http://www.latimes.com/news/local/la-me-0513-state-deficit-20120513,0,709340.story

http://latimesblogs.latimes.com/california-politics/2012/05/california-budget-jerry-brown.html


Added: May-13-2012 Occurred On: May-13-2012
By: yorba
In:
Politics
Tags: California deficit, Jerry Brown, Liberal utopia, budget catastrophe, Democrats are geniuses
Location: Sacramento, California, United States (load item map)
Views: 1250 | Comments: 70 | Votes: 2 | Favorites: 0 | Shared: 0 | Updates: 0 | Times used in channels: 2
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  • http://www.youtube.com/watch?v=1ytCEuuW2_A <--- official California theme music.

    People used to move to California to get rich. Now they leave California to get rich. Businesses used to set up shop in California, and now they flee the state and take their jobs with them. Not even Hollywood is making movies in California anymore. They go to Canada to film to dodge retarded leftist taxes and government over-regulation.

    And what will idiot liberals do to solve their current problems? Raise ta More..

    Posted May-13-2012 By 

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  • If Obama had a state, it would look like California.

    Posted May-13-2012 By 

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  • They could raise taxes and cut services like schools and cops, or they could just get rid of all of their illegal immigrants. Your choice California. Dumb asses.

    Posted May-13-2012 By 

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  • Easy. Stop supporting illegal immigration and deport those that are here.

    Posted May-13-2012 By 

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  • California has two main problems. Well, O.K., maybe they have a lot more than just two, but with respect to the state government's fiscal mess, the state currently has these two weighing against it:

    1) Electing train wrecks like Jerry Brown, who is the sort of person who would realize that he has a hole in his pocket, but would keep putting change in that pocket all the time just because it seemed like the reasonable thing to put money in a pocket;

    2) Having one of the most convoluted fiscal More..

    Posted May-13-2012 By 

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  • Get ready tax payers, you WILL be bailing out California very soon.

    Posted May-13-2012 By 

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  • Eventually you run out of other peoples money to spend. All idiots!!!

    Posted May-13-2012 By 

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  • HeY! Mexico. We'll give ya back california!

    Posted May-13-2012 By 

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  • If anybody ever creates an enema for the United States, they would have to stick it in California.

    Posted May-13-2012 By 

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  • Comment of user 'RugOutFromUnderYou' has been deleted by author (after account deletion)!
    • @RugOutFromUnderYou
      Eventually was 20 years ago...it's happening now.

      Posted May-13-2012 By 

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    • Comment of user 'RugOutFromUnderYou' has been deleted by author (after account deletion)!
  • and don't forget his election-payback 'promise' -- his first legislative move, and signing, which allocated millions to the cal. state prison guards union... the state will never get out of the red on that tit-for-tat, ever...

    Posted May-13-2012 By 

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  • Boy its to bad California dosent have one of those fancy printing presses like the federal government.

    Posted May-13-2012 By 

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  • They will just borrow a lot more money and fix the fuck up... They will pay it back later... Right? ROFL.

    Posted May-13-2012 By 

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  • "As California goes, so goes the nation."

    NICE JOB LIBS

    Posted May-13-2012 By 

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  • Fucking useless governor, the worse of two. The ony choices would have been, roll back the Bullshit. Make the PRK Business friendly and fuck-all regulation. KILL them except for EPA. Too ignorant to do that. And so, in 5 to 10 you will have a population of ignorant spics and whites that can't flee.
    Godamn, stupid Calif gov. they are too insulated from the rest of us. But not for long.

    Posted May-13-2012 By 

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  • cuts to social programs? right...they will just try to raise taxes. the poor won't stop being poor if they dont have too. Jerry Brown, reminds me of this great Dead Kennedy's song http://www.youtube.com/watch?v=quLqEu4mUOU

    oh how right they were.

    Posted May-13-2012 By 

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  • The Granola State.

    Posted May-13-2012 By 

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  • ~ANOTHER LEFT-WING LIBERAL democrap TRIUMPH! WOOT! for your side, shills and lemmings!

    Posted May-13-2012 By 

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  • Democrats have run this place into a shit hole so what do we do out here???
    Elect republicans to finish the job??
    Arnold...switched to a Dem ....... hmmmmm, now I know why Maria left him.

    Posted May-13-2012 By 

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    • @GradySizematters It's the Democrat controlled state legislature that has done 90% of the damage and continues to legislate as if there is no problem. I'm telling you, it's surreal. They just tried to raise the minimum wage again in January and the entire business community went haywire. It got killed in a special committee before getting to a vote, but fucking COME ON people.

      Posted May-13-2012 By 

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  • It's a shame that Gov. Schwarzenegger left the state in such a mess. Hopefully it can be saved.

    Posted May-13-2012 By 

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    • Comment of user 'Zardoz003' has been deleted by author (after account deletion)!
    • @Zardoz003 ENRON is minor to what is happening today! remember the savings and loan crisis?? We keep paying for all the shitheads that do nothing but suck off the state and country, don't blame, but fix the problem!!! Keep voting democrat dumbshits! blame, blame, blame! you guys do it best!

      Posted May-13-2012 By 

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  • Thank god for California! That way the rest of the nation can see what we're headed for, hopefully before its too late for the rest of us!

    Yay, California! You guys were always the trend setters!

    Posted May-13-2012 By 

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  • Yeah, pretty shitty. And if I don't learn spanish soon I'm out of a job. =)

    Posted May-13-2012 By 

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  • Inside job. You can see poofs of smoke. Damn you Bush.

    Posted May-13-2012 By 

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  • Comment of user 'Zardoz003' has been deleted by author (after account deletion)!
  • Cut the corporate welfare.

    Posted May-13-2012 By 

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    • @Gmike *derp*
      Are you from California? That's the same brain-dead philosophy they have.

      Raise taxes. Raise hands-outs. Raise entitlements. Drive business out. Then pretend that "cutting corporate welfare" will fix something.

      California is going down the toilet. While right-to-work states, like Texas, run by grownups, are booming through the recession.

      Posted May-13-2012 By 

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    • @Gmike
      Liberals like you will keep ignoring the problem at your own peril!

      Me, I enjoy watching a good trainwreck from a safe distance ;)

      Posted May-13-2012 By 

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    • @mikedelta12 Through a high powered scope. =)

      Posted May-13-2012 By 

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