CALIFORNIA SNEAKS A BUDGET WORTH $92.1 BILLION WITH A SHORTFALL–SHALL WE SAY IT–ANOTHER $8 BILLION DOLLARS–ONLY IN A DEMOCRAT RUN STATE OF CA CAN YOU PASS A BUDGET THAT HAS A HOLE OF $ 8 BILLION BELOW EVEN THE $15.7 BILLION NEEDED TO TRULY BALANCE THEIR BUDGET–SO MUCH FOR THAT STATE CONSTITUTIONAL BALANCE BUDGET LAW

AS FIRST READ ON FREEREP: MR BROWN NEEDS A LESSON FROM THE GOP GOVERNOR SCOTT WALKER OF THE GREAT STATE OF WISCONSIN WHO BALANCED HIS STATES BUDGET AMIDST UNION AND DEMOCRATS OUTCRY.  BUT THEN MR. BROWN DOES NOT WANT SPENDING LIMITS, HIS A TRUE SOCIALIST DEMOCRAT AFTER ALL.

The gap — the result of a tax revenue shortfall, higher-than-expected spending and an increase in school funding under a voter-approved formula — was a reminder that California has struggled to turn the page on its years-long financial crisis.

A constitutional amendment enacted by voters in 2010 has made California lawmakers more punctual. The amendment strips them of their pay if the budget is late, and it empowers the majority — currently Democrats, by a wide margin — to move a budget to the governor’s desk on its own.

http://www.latimes.com/news/local/la-me-state-budget-20120616,0,1094689,full.story

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