http://news.yahoo.com/s/ap/20090701/ap_on_re_us/us_state_budgets http://news.yahoo.com/nphotos/budge...//s:/ap/20090701/ap_on_re_us/us_state_budgets "I'm proud of California, even though we have our crisis," the governor said. "No one can point fingers, because as you can see, there are 30 states right now that have their fiscal year starting today that also don't have a budget, so I mean let's not get carried away and just look at California as we are the only state that cannot manage the budget." The mess in California could spread nationwide because of the sheer size of the state economy. The Senate rejected three bills designed to save $5 billion, including $3.3 billion in education funding cuts that had to be enacted before Wednesday.
My theory is this. Our state became great a long time ago. Our students were great many moons ago. Our health was pretty good many moons ago. That means, if we roll back the clock I think we'll be ok. So start with the most recent spending increases. Then just start rewinding, until our budget is balanced.
