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"What message does it send that you have spent too much and don't have a rainy day fund to cover yourself and then you go to the cities and counties where they do have a rainy day fund set aside for emergencies and now grab their money?"

 

-- Gov. Schwarzenegger, Sacramento Bee, July 16, 2008  

 

 

"Democrats have never entertained massive borrowing as a solution to this year's budget problem. In particular, Democrats have never advocated nor believed in taking money from Propositions 1A, 42 and 10."

 

-Senate President Don Perata, press release July 18, 2008

 

"The budget proposal...doesn't borrow from local government or transportation funds, and contains the kind of meaningful budget reform California needs and the Governor has demanded. Legislative Republicans have been adamant about the need to stimulate the economy. As fiscal conservatives, we do not promote borrowing as way to stave off necessary spending reductions."

 

-Senate Republican Leader Dave Cogdill, Flash Report, September 8, 2008

 

 

For over 15 years, our state politicians in Sacramento have been on an irresponsible and dangerous rampage, taking local taxpayer money to meet state obligations. Today, facing a multi-billion dollar budget deficit, they're looking to borrow even more - this time, it's from your city and local community, jeopardizing the financial health of cities and threatening your quality of life.


Borrowing millions (or billions) of more dollars is not a solution. It's a political delay tactic that just deepens the state's financial problems; the equivalent of taking out a new credit card to pay off an old one.


Now is the time to cut up the credit cards once and for all and force the politicians to do the right thing.

 

 

 

In 2004, Governor Arnold Schwarzenegger took steps to cut up the state's credit card. We must ensure that state politicians don't open another credit card to pay off their current debt.
"Together we will send a very clear message. The message is we must protect local government and local services no matter what and the state has to stop ripping you off."
— Gov. Schwarzenegger, May 12, 2004
"Democrats and Republicans. It makes no difference. We all know that the state was ripping off the cities, counties, and special districts and we all wanted to put a stop to that."
— Gov. Schwarzenegger, October 25, 2004
"The story always was the same. The state spends, the local government pays and local services suffer."
— Gov. Schwarzenegger, October 25, 2004
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