Jerry Brown claims he will solve CA's 28Bil. Deficit in the first YEAR!

[teacherone]

Added his advisor and fall campaign manager Steve Glazer, "There will be people screaming on every street corner."

For Brown intends to resolve the state's entire $28 billion deficit in his first budget.

He doesn't want to have to deal with it every year he's in office, he said.

"If it were me, I'd just cut 25 percent across the board," allowed state Treasurer Bill Lockyer during the same meeting.

Brown won't do anything quite like that. He'll try to prioritize, he indicated, but there likely will be no exempt state-funded department or program. Because 71 percent of California's general fund budget goes to what the state Finance Department loosely calls "local services," every community or institution getting state money will be hit.

That includes prisons, courts, health care and Medi-Cal, public education from
kindergarten through graduate school, care for the elderly and infirm, parks and everything else except debt service. The state will keep paying principal and interest on all its bonds.

-------------------------

Brown's response to this whine from a consistent big-money backer of Democratic candidates? "Our dilemma is that 60 percent of the people don't want their schools cut, or fire or police," he said. "But 60 percent also don't want new taxes. That's a problem." It was certainly no reassurance to either the CTA or others in the crowd of educators, many of who also supported Brown.

http://www.mercurynews.com/peninsula/ci_16917240?nclick_check=1

[klamath]

Added his advisor and fall campaign manager Steve Glazer, "There will be people screaming on every street corner."

For Brown intends to resolve the state's entire $28 billion deficit in his first budget.

He doesn't want to have to deal with it every year he's in office, he said.

"If it were me, I'd just cut 25 percent across the board," allowed state Treasurer Bill Lockyer during the same meeting.

Brown won't do anything quite like that. He'll try to prioritize, he indicated, but there likely will be no exempt state-funded department or program. Because 71 percent of California's general fund budget goes to what the state Finance Department loosely calls "local services," every community or institution getting state money will be hit.

That includes prisons, courts, health care and Medi-Cal, public education from
kindergarten through graduate school, care for the elderly and infirm, parks and everything else except debt service. The state will keep paying principal and interest on all its bonds.

-------------------------

Brown's response to this whine from a consistent big-money backer of Democratic candidates? "Our dilemma is that 60 percent of the people don't want their schools cut, or fire or police," he said. "But 60 percent also don't want new taxes. That's a problem." It was certainly no reassurance to either the CTA or others in the crowd of educators, many of who also supported Brown.

http://www.mercurynews.com/peninsula/ci_16917240?nclick_check=1

I am cautiously optimistic about Brown. He might just have the guts to cut the budget and a democratic assembly would have a lot harder time opposing him. Time will tell though.

[Aratus]

the fair tax crusade where he was not sooooo different from ross perot and steve forbes
has only slightly prepared me for this latest development out of california. i indeed feel
the years in his 1970s era youth when he was in the governor's mansion weren't a total
haze or instance of vapid posturing. he sounds determined, one harsh years to balance it...

[sailingaway]

I didn't vote for him, but I was torn, because I do think he has integrity. I'm willing to give him a chance and see what he can do.

[Deinonychus]

We'll see. The state is in a huge mess.

[roho76]

I would love to see at least one politician follow through with this and see it work even though every socialist parasite on the government dole screamed against it just so we could have an example to say, "look at what (blank) did and it worked even though everybody screamed against it but it was what needed to be done". One good example is all we need and the worse off the example was to begin with the better.

[puppetmaster]

lol brown has integrity....you must be young...and or forgetful

[PeacePlan]

They are screwed even if he does cut 25% as he will need to lay off so many people who will go to unemployment. Look for unemployment to rise big time in CA also for many of those workers they won't make their mortgage payments. He may do a lot of cuts and get no where by doing it? Tax revenues may go down and payments to unemployed and now uninsured may go up..

Don't know if his plan will work or not but just because he cuts 25% does not mean to me that the state deficit will go down at this point? Things are not as simple as just pure numbers.

[sailingaway]

lol brown has integrity....you must be young...and or forgetful

I didn't say I agreed with his policies, but if you could give me a link to anywhere where he didn't show integrity, I'd like to see it. I was too young to vote when he ran for governor, but I was old enough to go to a college nearby my school to hear him speak (we were allowed out of class if we wanted to go). I liked him as a person. I didn't track him, and I was pretty apathetic politically while he was governor, but I don't recall him acting dishonorably.

[Maximus]

If I had known this I would have voted for him (voted Nightengale)

[HOLLYWOOD]

I don't see any layoffs on the WARN list from CA governments for 2011.

http://www.edd.ca.gov/jobs_and_training/warn/eddwarnloc11.pdf

Brown will just have the 'Book Cookers' do creative financing... probably borrow like $30 Billion from 2050 or REFI the debt under a new 100 year Century bond. It will be government accounting at it's finest quackery.

[Humanae Libertas]

The only thing this doofus will do is destroy what is left of California's economy. He will rubber stamp everything the Democratic congress passes, just like Arnie.