Schwarzenegger Budget Will Contain 'Terrible Cuts' For California

Bloomberg:

California Governor Arnold Schwarzenegger will seek "terrible cuts" to eliminate an $18.6 billion budget deficit facing the most-populous U.S. state through June 2011, his spokesman said.

Schwarzenegger, 62, who will introduce his revised budget plans on May 14, has said he won't seek tax increases to bolster California's finances. The Republican's forecast for the budget gap may rise after revenue fell short of his targets last month.

Read the whole story: Bloomberg

Comments

[senorlou]

09:30 AM on 05/14/2010

Arnold really helped this disaster along. He dropped all the lawsuits against the energy companies that stole $30-80 billion in 2001. Then, he refuses to put the car tax back to 2% of value, a tax that wouldn't have hit the working class much at all. That alone would have generated $35 billion over the last 7 years.
Want to know why we're broke? Energy crisis of 2001 and Arnold.
BTW, we had a $12 billion budget SURPLUS in 2000 here in California under Davis. What happened at the end of 2000?....

[hardrain77]

05:00 PM on 05/19/2010

Ken Lay and Enron prison r@ped us. And Arnie was holding secret meetings with those clowns.

[Ouroboros Rex]

05:18 PM on 05/19/2010

Secret meetings? It's better than that. Ken Lay and republican operatives put Ahnold up for candidacy specifically to defuse Cruz Bustamante's $9 billion recovery lawsuit against Enron.

[Michael Martin]

05:49 PM on 05/13/2010

There are no such things as "terrible cuts" in California at this point. Severe cuts have to be made.

[Steamboater]

10:12 PM on 05/13/2010

We can't take any more hits. Schwarzenegger didn't see any problem with having a chunk of that bail=out money going to a new racetrack yet the poor and people who needeed state services most continue to get slammed whle for everyone else, the cost of services is going higher and higher with the police filling their quotas for traffic offenses over the limit and fines going higher and higher. Running a red used to be $250.00 then it went to $492.00 and running a red light past a construction site is even double that. Sure, no one should run red lghts but this is getting out of hand. Some people just let their cars go because they can't afford the fines and then they can't get to work or have to depend on someone else etc. Everything snowballs. The last thing we Californians need too is another republican governor.

[hardrain77]

05:01 PM on 05/19/2010

Meanwhile, there's a little green wonder plant just waiting to be totally unregulated to adults on the open free market and used for tax revenue.

[salmonellae]

10:18 AM on 05/13/2010

California---otherwise known as Mexifornia----needs to make these cuts to preserve all of the giveaways and benefits for the illegal immigrants. They have rights too, you know.

[verycold]

11:09 PM on 05/12/2010

I can't stand Arnie for so many reasons, but CA was circling the drain long before Arnie showed up.

While Arnie touts CA as a wonderful place to do business, it just isn't so. CA ranks at the bottom of the list of states that are business friendly. I know when I worked for a large pharma company, our locations in CA cost the company so much they finally shut them down. Everything cost more to operate those facilities which included union wages.

A year ago I read that approx 2 million receive some sort of government aid in CA. I am sure it is more now.

CA is the mini US and actually mimics Greece. CA can't print money to get out of debt and neither can Greece. If they could they would. Of course in doing so it devalues that currency.

[Gasparilla]

07:20 AM on 05/13/2010

That's why all the nonsense about let's just raise taxes won't work. It's already high enough. The people and businesses who keep getting soaked will vote with their feet and leave.

[MarchPixie]

05:19 PM on 05/19/2010

my 50+ yr old ex is one of those 2 mil + people receiving some sort of Gov't aid in CA known as General Relief. He does this so he doesn't have to pay child support, which he owes of $16g's for. A couple years ago, he was getting $203 per month (about $60 shy of what he owes me monthly) but I wonder if he's gotten a COLA. OH did I mention he hasn't seen our daughter in nearly 17 yrs? Or that he owes me over $1g in uncovered medical expenses? OR that he lives in a one bedroom house that is from/in a family trust fund? or that he gets his food from a food bank? He's been on GR for a couple years now, and DCSS can't touch him because of it. They can't swipe his $203 or so dollars from him monthly. The only thing they have done is put a lein on the house, AND have told me it is possible that child support will go down to ZERO ZILCH NADA because he is on GR....

[Gasparilla]

06:28 PM on 05/12/2010

The old Prop 13 excuse. Well, repeal it then. The legislature puts it on the ballot and the voters repeal it, both by simple majorities. The fact is a big part of the problem is you are importing the poverty of Mexico and proclaiming it helps your economy. No, it helps the people who get their lawns mowed on the cheap, and have a nanny for their kids, but it is a drain on the taxpayers in the form of schools, and Medical.

[iconoclast6]

05:41 PM on 05/12/2010

It didn't start with Schwarzenhilter, but this βastard is sure trying to finish it. Since 1978, California has been the "experiment" of the tiny-government free-marketers. Prop 13 started it and ever since, the republics and their kissy-face buds in business have been chipping away at the public sector. County fairgrounds are being sold to become convention centers for the Chinese. Meg Whitman's supporters are talking about privatizing the state colleges. The roads are turning to schitte. The only going concern: Prisons. And you try to dial 911 from your car...you'll get d€ad air.

For 50 years, a large, professional public sector was the thing that kept California a place where people wanted to live and work. People like me who are too old to go back to the private sector? We'll be scrambling for disability or delivering pizzas. That's real smart...marginalize a whole segment of the population who formerly had disposable income.

Your small government has ruined the world's fifth-largest economy. Again, Ahnold, essen mein Scheiβe, bitte.

[valleygent]

06:25 PM on 05/12/2010

Nonsense...prop 13 saved my money through many tough times and years. Public Sector? What...should we all work for the DMV? Lame. It is agencies and useless unending departments like the DMV that need to be completely eliminated. RAISE the sales and Luxury taxes in California and all citizens pay for a limited government focused on Health, CRIME, emergencies and infrastructure. THAT is the way California once was. Get a memory.

[Gasparilla]

06:53 PM on 05/12/2010

Ok, repeal 13, which is easy to do, and then watch your property taxes skyrocket. Sound good?

[davesf]

05:17 PM on 05/12/2010

Repeal prop 13. Exempt people over 70, if we're worried about grannie being taxed out of her house.

[iconoclast6]

05:29 PM on 05/12/2010

Thank you! That's what I've been saying for years. Unfortunately it will never happen...welcome to the Great Free Market Experiment, or, American Somalia.

[valleygent]

06:20 PM on 05/12/2010

LAME idea to repeal prop 13...you obviously don't pay property taxes in your county...they are an outrage. RAISE the sales and luxury taxes across the board...then all pay, including illegals and renters. Why penalize homeowners who are suffering enough trying to keep their home! It is stupid ideas that keeps California in ruins. Repeal 13?...what a crock of lame bull ticky.

[Gasparilla]

06:30 PM on 05/12/2010

Prop 13 is the lamest excuse in the world. It's easy to repeal if that what the voters want, but they don't. You're right, you pay more than enough in homeowner taxes.

[studlyguy]

04:37 PM on 05/12/2010

How are you ignorant fools who voted for another bad actor and thought he could Govern ,you all never learn ,you didn't with Raygun and now with this loser,they will always protect the rich that's the fascist way,until the people rise up finally ,then they protect the compounds with you're tax $,as long as you keep taking it ,getting screwed, they'll keep screwing the 98%,while the 2% live their grown accustomed lavish lifestyles,while you're 98% ers will be homeless,hungry,can't pay the bills.

[oxygen]

11:18 PM on 05/12/2010

http://www.youtube.com/watch?v=cBAkOifDeSw&feature=related

[disintaGreatNation]

04:07 PM on 05/12/2010

It is a shame that Schwarzenegger can't cut funding for Proposition 49, the Nov. 2002 ballot initiative he sponsored to provide him with his first public attention in politics.
Prop. 49 was written in a way that places its spending requirements beyond the reach of the Legislature and the Governor. It is one of many gimmicks that the California voters have fallen for.

[oafishcad]

03:41 PM on 05/12/2010

Because even if it means the bottom 10% of Californians end up homeless on the street, that's better than raising taxes on the millionaires and billionaires who might have to give up one of their 12 homes. Bottom line of GOP thought.

[valleygent]

03:56 PM on 05/12/2010

Agreed fully!

[Deli]

04:32 PM on 05/12/2010

Exactly. If he is so keen on this being such a disaster of an economy, then TAX PEOPLE as well as making cuts.

[jshade]

03:18 PM on 05/12/2010

Terrible for me, not for him.

[valleygent]

03:11 PM on 05/12/2010

Gov. Arnold Schwarzenegger is an utter fraud in every way imaginable. He is a complete failure of a politician, and as far as I am concerned a complete failure as a human being. How does this man sleep at night? While GANGS run wild in the streets of California's cities and small towns this man does nothing. Home invasion robbery has become a rampant daily and normal news story in all regions of the state and shootings are skyrocketing. This man has FULLY destroyed education in the state, especially at the college level, our future. Yet he refuses to make the needed giant cuts to the useless state agencies and departments that provide no true value to the economy or the value of general society such as the DMV, the Dept of Corporations or the Dept. of Real Estate etc, etc ad nauseum...He does not support police work nor does he support the immediate implementation of the death penalty for all violent offenders, He does absolutely nothing for the health of California citizens except make budget cuts to those at the lowest income levels, who have no say. He has ruined this state permanantly.

[Deli]

04:33 PM on 05/12/2010

And Meg Whitman is teeing up to be even worse of a disaster. I hope the fact that pot is on the ballot brings out a lot of young voters who will end this republican nightmare.

[zombywulf]

02:58 PM on 05/12/2010

Ye reap what ye have sown. You Morons elected the Enron man, now you pay the bill.

[StuManChu]

02:47 PM on 05/12/2010

Liberalism is a failure.

[valleygent]

03:30 PM on 05/12/2010

so sorry to report the facts to you, your Gov. Schwarzenpepper is a conservative REPUB.

[StuManChu]

07:54 PM on 05/12/2010

Not so. Arnie is a lib, and CA has had a liberal legislature for decades.

Liberalism is a failure.

[BK1717]

05:01 PM on 05/12/2010

Yeah, but 30 years of Reaganism, as we see today, has been a smashing success. Things have never looked better for our country...or, wait...for about 2% of our citizens.

[Michael Valentine]

02:26 PM on 05/12/2010

Arnold thanks for nothing. Your just another greedy Republican pig.

[StuManChu]

02:48 PM on 05/12/2010

with a legislature that has been run by liberals for decades.