Saturday, January 17

Davis must fess up, address budget error


Governor caters to public with his idealized predictions, forgets looming financial woes

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After an alarming announcement by legislative analyst Elizabeth
Hill predicted Gov. Gray Davis’ 2002-03 budget proposal is
“overly optimistic,” it looks like storm clouds are
looming over California. Not only has Davis relied heavily on what
Hill says are overestimated revenues and federal money, he has also
jeopardized the state’s long-term future by planning to
account for the budget’s shortage using spending cuts,
deferred spending and loans ““ it is estimated all of this
could put California’s economy in the hole by $4 billion in
upcoming years.

When will the governor admit California is in serious danger?
After an inflated State of the State address in which he boasted of
tax relief and made a commitment not to raise taxes during the
recession, Davis looked like Dr. Jekyll and Mr. Hyde on a campaign
bus ““ elected a Democrat, behaving like a Republican, and
trying to stay in the middle of the road so he can keep driving.
Overcoming the current economic hardships will require more than
drastic short-term planning. Davis cannot cut social services (part
of $5.2 billion in planned spending cuts) and ignore our future in
order to bail himself out.


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