As the state budget crisis drags on, legislators are
again looking at "borrowing" local resources to balance a state shortfall. In a
worst case scenario, the city of Roseville could face
a cut of nearly $5 million. read more »
The state's budget impasse is symptomatic of chronic fiscal mismanagement
that, if left unchecked, may become terminal. If the
state were a private company, it would be out of business.
read more »
Governor Schwarzenegger and the state's Republican legislators understand the importance
of a strong economy.
Over the years, both have worked hard to protect jobs
in the face of legislative proposals that would have
hurt employers and our competitiveness. read more »
As Shakespeare tells the story in his famous play Hamlet,
the Prince of Denmark (Hamlet) wanted desperately to impart some fatherly wisdom
to his son who was leaving for a trip to France (perhaps for a junior year abroad?) when he uttered the immortal phrase "[n]either a borrower nor a lender be, for loan oft loses
both itself and friend..." Where is Hamlet when we need him today? read more »
How would you feel if you had worked very hard to budget
and live within your means - maybe even put aside some money for a rainy day - only to have someone come in and take part of your
funds because they weren't so fiscally prudent? read more »
The best thing about the Republicans in the state Legislature
is their vital counterweight against a Democratic majority
that seemingly never saw a tax it didn't like.
The worst thing about them is that they don't know when to quit, coming up with "solutions" that are as bad as the problem.
read more »
Visalia stands to lose $3.78 million if the state of California moves to balance
its budget by raiding local tax-generated funds as it has in the past, city officials
said at Monday's Visalia City Council meeting.
read more »
"You and I, as individuals, can, by borrowing, live
beyond our means, but only for a limited period of
time. Why, then, should we think that collectively,
as a nation, we're not bound by the same limitation? We must act today
in order to preserve tomorrow. And let there be no
misunderstanding - we are going to begin to act, beginning today."
read more »
The notion that local government has money to spare
may be popular, but it ignores years of belt-tightening efforts by local officials, who have easily
outperformed their state and federal counterparts when
it comes to protecting the public's purse.
read more »
