Word: budgetable
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...economic free fall is causing budget difficulties in other states, but California faces the deepest crisis. With the budget talks stalled, Schwarzenegger sent layoff notices to 10,000 state workers and ordered a halt to the last 275 state-funded public-works projects still under construction. Call it shovel-ready in reverse...
...becoming a cliché: California lawmakers again fail to reach agreement on a budget. As California engages in a budget battle that has left the government of the world's eighth largest economy slipping toward insolvency, Republican Governor Arnold Schwarzenegger and the Democratic legislative majority continue to search for one last Republican vote to pass a budget. But the complex negotiations hit a snag Wednesday when Republican state senators ousted their leader, Senator Dave Cogdill, who had dared to agree to a plan involving a tax hike, and replaced him with a staunch antitaxer. To avoid a collapse of state...
...California in this situation? The state has a history of difficult and protracted budget negotiations, in large part because the state constitution requires a two-thirds majority to pass either a budget or a tax increase. Forty-seven other states get along fine without this hurdle, which gives the minority party, in this case the Republicans, an amount of power and leverage far out of proportion to its numbers in a legislature and state dominated by Democrats...
...office and himself into the governor's chair in the dramatic 2003 recall election, he promised to end the partisan gridlock in Sacramento and balance the state's books. Neither miracle happened. A social liberal, Schwarzenegger had been careful to wave high the no-new-tax flag. In prior budget years, he touted bonds and found other gimmicks to put off costs until later...
...current budget proposal would raise up to $14.4 billion by imposing a variety of temporary taxes - hiking the sales tax by a penny, adding 12 cents to the gasoline tax and raising the car-license fee (something Schwarzenegger had campaigned against in 2003). Cuts include $8.6 billion from K-12 classrooms, which probably would force schools to pink-slip teachers and increase classroom sizes; a 10% cut to the university system; a continuation of the two-days-a-month furlough of state workers that recently closed state offices, including the Department of Motor Vehicles; and several billion in cuts...