On-Time, Comprehensive, Balanced Budget Protects Jobs and Economic Recovery


Posted on 02 July 2011

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By Assemblymember Bob Blumenfield

 SACRAMENTO – In this Democratic Weekly Radio Address, Assemblymember Bob Blumenfield (D-San Fernando Valley) Chair of the Assembly Budget Committee, discusses the comprehensive balanced budget package that Legislative Democrats passed this week. Blumenfield states that the budget makes the best out of a bad situation, including “permanent solutions which eliminate 75% of the state’s deficit projected for future budget years.” Blumenfield highlights the importance of enacting the budget in time for the start of the fiscal year, marking a big victory for “schools, local government and businesses that contract with the state.” Blumenfield notes that while the budget doesn’t call for a special election to give voters the choice on revenues, this budget continues the conversation—an important point because there is no responsible long-term solution to California’s long term budget challenges without revenues.

Click onto the following link for the English language MP3 file. The running time is 2:01.
http://democrats.assembly.ca.gov/Newsline/Audio/20110630RadioAddressEnglishBudgetBlumenfield.mp3

Click onto the following link for the Spanish language MP3 file. The running time is 3:23.
http://democrats.assembly.ca.gov/Newsline/Audio/20110630RadioAddressBudgetBlumenfieldSpanish.MP3.  

Website of Assemblymember Bob Blumenfield: http://www.asmdc.org/blumenfield

Transcript:

Hello, this is Assembly Budget Chair Bob Blumenfield of the San Fernando Valley with an important update about your state budget.

This week, Governor Brown and Legislative Democrats came together to craft a comprehensive, balanced budget that is in place on time for the start of the fiscal year.

The budget agreement puts California on a path to much needed financial stability through doing more than balancing this year’s budget.  This budget plan also includes permanent solutions which eliminate 75% of the state’s deficit projected for future budget years.

This budget is best described as making the best out of a bad situation.  That is because this budget is our backup plan.  It’s not the fair and balanced approach that the governor originally proposed, which was favored by a majority of legislators.  More specifically, this budget does not close our $26.6 billion deficit through a combination of cuts and an extension of current tax rates.

We were forced to balance the budget primarily through cuts, some of which place me and many others well outside of our comfort zones.  But our hands were forced.  We needed but did not get four votes from Republicans to give voters the chance to decide to extend current taxes to help balance the budget.

While this budget agreement doesn’t call for a special election to give voters the choice on revenues, this budget continues the conversation.  And, that’s important because there is no responsible long-term solution to our long term budget challenges without revenues.

But let’s be clear.  Our focus in crafting this budget was to act a responsibly while avoiding cuts that would cost California jobs and hinder our economic recovery.  And, since we got it done on time, schools, local government and businesses that contract with the state can breathe a little easier knowing that California will pay its bills on time.

This has been Assemblymember Bob Blumenfield from the San Fernando Valley.  Thank you very much for listening.

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Bob Blumenfield represents the 40th Assembly District and is chair of the Assembly Budget Committee.

You have got to be kidding. Are the legislators only listening to themselves, not to working people?
See the piece by Mark Hedland below.

California's budget problems have been decades in the making and won't be easily solved.
Nearly half of the general fund receipts come from personal income tax, most of it paid by a small minority of the populace. Another 25+ % comes from sales tax.
http://www.ebudget.ca.gov/pdf/BudgetSummary/SummaryCharts.pdf

The money comes from a few, but it goes to many. The largest expenditure is $37,073,474 for Health and Human Services (Welfare). $35,765,783 goes to K12 education, and $9,845,554 to Corrections. http://www.ebudget.ca.gov/Enacted/agencies.html

A great part of the Welfare and Corrections expenditures is attributable to a population that is a direct consequence of liberal social policies, especially of the policy established by Ted Kennedy, Emanuel Celler and Lyndon Johnson in 1965. Look it up. I wonder, to put it gently, at the mentality of liberals who support such policies, and then complain about their economic consequences.

Review the reports at http://www.nccp.org/profiles/CA_profile_7.html
http://www.nccp.org/publications/pdf/text_482.pdf
http://nccic.acf.hhs.gov/files/resources/102910_profile_CALIFORNIA.pdf
and connect the dots.

With regard to the huge costs of misguided US policies, the Rabid Republican Right is no better than the scheming left. Nixon's "War on Drugs" has been a disaster - economically and socially. But then, so has Clinton's NAFTA. Is there a conspiracy on the part of the left and the right to destroy the middle class?
Its not just the US that bears the cost of the evil of the left and the right. The current issue of Time Magazine provides a chilling, if not particularly insightful, description of the havoc wrought on Mexicans by US policies.