l****z
发帖数: 29846 | 1 http://www.moneynews.com/StreetTalk/California-sBrownUnveils12-
California’s Brown Unveils $12.5 Billion in Spending Reductions
Monday, 10 Jan 2011 02:21 PM
California Governor Jerry Brown budget will cut spending by $12.5 billion,
including as much as a 10 percent pay reduction for most state employees,
aides said.
The plan, which Brown is to unveil today, will also raise $12 billion by
retaining tax increases due to expire and making other modifications. Some
of the revenue will go to cities and counties as part of Brown’s plan to
transfer spending authority from the state to local governments.
The largest U.S. state by population faces a $25.4 billion budget gap over
the next 18 months, Brown said in a statement. The 72-year-old Democrat, who
took the oath of office last week, has vowed to reach a budget agreement
with state Legislators over the next 60 days.
“These cuts will be painful, requiring sacrifice from every sector of the
state, but we have no choice,” Brown said in the statement.
His plan will chop an amount equal to 10 percent of the current year’s $125
.3 billion in spending. Cuts include $1.7 billion from Medi-Cal, the state’
s version of the Medicaid program for the poor; $1.5 billion from CalWorks,
a welfare-to- work program; and a combined $1 billion from the University of
California and the California State University systems, which together
serve 663,000 students.
Additional cuts will be made to prisons and the courts. Spending on
kindergarten through 12th-grade education will be spared, Brown said.
“Schools have borne the brunt of spending reductions in recent years, so
this budget maintains funding at the same level as the current year,” he
said.
Voters will be asked to extend increases in sales and income taxes as well
as vehicle license fees in a special election in June, Brown said.
His proposal involves total state spending of $127.4 billion for the 2011-12
fiscal year which begins July 1. Of that, $84.6 billion would come from the
state’s general fund. | l******a
发帖数: 3803 | 2
5BillioninSpendingReductions/2011/01/10/id/382412
bravo, this guy though being a dem, has our respect.
【在 l****z 的大作中提到】
: http://www.moneynews.com/StreetTalk/California-sBrownUnveils12-
: California’s Brown Unveils $12.5 Billion in Spending Reductions
: Monday, 10 Jan 2011 02:21 PM
:
: California Governor Jerry Brown budget will cut spending by $12.5 billion,
: including as much as a 10 percent pay reduction for most state employees,
: aides said.
: The plan, which Brown is to unveil today, will also raise $12 billion by
: retaining tax increases due to expire and making other modifications. Some
: of the revenue will go to cities and counties as part of Brown’s plan to
| y****t
发帖数: 10233 | 3 oh go f*ck it.
if the big fat pension can not be got rid of, the big public union can't be
destroyed. nothing can save the california.
All rest is the freaking show but raising taxes and communists grabbing more
control.
【在 l******a 的大作中提到】
:
: 5BillioninSpendingReductions/2011/01/10/id/382412
: bravo, this guy though being a dem, has our respect.
| e**s
发帖数: 4638 | 4 民主党控制的伊利诺伊州国会通过加税法案，个人所得税增加67%，商业收入税增加46% | P*******e
发帖数: 96 | 5 想把人都往红州赶, 然后来玩场实力对比反过来的南北战争么? |
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