Budget: Governor Arnold Considers Democratic Plan, More Talks

Ernesto

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Thu Dec-04-03 06:56 PM
Original message

Budget: Governor Arnold Considers Democratic Plan, More Talks

The California governor wants to pay back $15billion bail-out loan over 30 years. Dems say no: BE RESPONSIBLE, pay it back over 7 years. http://www.sacbee.com/content/politics/ca/budget/story/7896532p-8835021c.html

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dfong63

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Thu Dec-04-03 07:06 PM
Response to Original message

1. huh???

why are dems backing any bond measure, whether 7 years or 30? the problem is not with the period, it's with the concept.

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Dagaz

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Thu Dec-04-03 07:09 PM
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2. I like 7 years

But is this done through deeper cuts or tax hikes?

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cpa

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Thu Dec-04-03 07:32 PM
Response to Reply #2

3. Bonds

Is balancing the budget in this manner legal? Also, wouldn't Californians be able to use the $9 billion settlement from the Enron lawsuit?

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nothingshocksmeanymore

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Thu Dec-04-03 07:49 PM
Response to Reply #3

5. Not if Arnold settles it

They are already cutting taxes on AES who contributed to this mess!

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nothingshocksmeanymore

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Thu Dec-04-03 07:48 PM
Response to Reply #2

4. What specifically would you cut?

Please advise on where the actual specific room for further cuts is given that Republicans also approved the last budget.

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Tue May 07th 2024, 03:02 AM
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