What are the main points here?
What are the main points here?
Plummeting tax revenue and the rising cost of social programs have played their part in the budget mess facing California. But there’s another major factor – the faulty assumptions the state’s leaders have made in passing previous years’ spending plans.
Nearly a third of the $20 billion deficit that Gov. Arnold Schwarzenegger proposed addressing with deep cuts to services Friday consists of reductions approved in the current budget that didn’t pan out, and expected revenue that never came in. And the governor’s new plot counts on the state receiving billions of additional dollars from sources that are problematic at best.
“Obviously we’re in a recession, but don’t blame it for this new budget problem – we already assumed a huge drop in revenues,” said Michael Cohen, deputy analyst for the state Legislative Analyst’s Office. “In reality, it’s much more because the assumptions built into the budget turned out not to be realistic at all.”
Among those assumptions was the sale of a part of the State Compensation Insurance Fund for about $1 billion, which has been held up by a lawsuit. Other legal action has blocked reductions in Medi-Cal and other social programs. Some cuts in prison spending that the governor requested never made it through the Legislature.
This year, Schwarzenegger is figuring on receiving $6.9 billion from the federal government, which he says the state is owed or deserves as a matter of fairness.
He has also based his budget proposal on reaping hundreds of millions from an offshore oil drilling scheme that still needs approval, hundreds of millions in cuts rejected by voters in May that will have to go on the ballot again, and $811 million in decreased spending on prisoner health care.
That cut would have to be approved by a receiver who was installed by the federal courts to oversee prison medical care, specifically because the state wasn’t doing enough to keep sick inmates from dying.
The governor did, but, propose a host of cuts – including eliminating three major programs for the poor – if California fails to obtain the money from the federal government.
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