California, the favorite whipping boy for some Nutter's, is showing how to move from billions in deficit spending to a balanced budget with the prospect of surpluses in the near future. And that in just 2 years.
How did Gov. Brown and the Democrat-controlled legislature do it so fast? Spending cuts, higher taxes and an improved economy, a three-pronged attack on the deficit. Unlike the mantra of the right which advocates only cuts in spending, the Governor and the Legislature realized it takes much more than that to produce a healthy economy and budget.
Can California be a template for Washington? Not so long as the Nutter's in the House cling to their Grover Norquist pledge.
http://www.nytimes.com/2013/01/11/u....html?nl=todaysheadlines&emc=edit_th_20130111
How did Gov. Brown and the Democrat-controlled legislature do it so fast? Spending cuts, higher taxes and an improved economy, a three-pronged attack on the deficit. Unlike the mantra of the right which advocates only cuts in spending, the Governor and the Legislature realized it takes much more than that to produce a healthy economy and budget.
Can California be a template for Washington? Not so long as the Nutter's in the House cling to their Grover Norquist pledge.
http://www.nytimes.com/2013/01/11/u....html?nl=todaysheadlines&emc=edit_th_20130111