LeftCoaster analyzed yesterday's Sacramento speech by Arnold S., specifically the effect of Arnold's proposals on the state's deficit. Snippet:
| The current projected deficit to closed now stands at $8 billion. But Arnie will add $2 billion to that by repealing the vehicle license fee, and will add another $1 billion when he cuts corporate income taxes, and a GOP-sponsored lawsuit to overturn another budget closer surrounding the state’s bonding of its pension obligations for this year just added another $2 billion to that. So before Arnie takes office, he, Pete Wilson, and the GOP have just turned a $8 billion deficit into a $13 billion one. And he and Pete think they are going to get that amount of money by beating up on state employees and Indian tribes, and going after waste and abuse? |
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