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Why There Will Be No Budget Until After the Election

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  • Why There Will Be No Budget Until After the Election

    Several months ago I noted that we would not have a budget till a new Governor was sworn in.

    "Politicians never act sooner if there is more to be gained by acting later. Which is why everyone can give up the budget watch for the next couple months.

    There won't be a new California budget til after the Nov. 2 election.

    Yes, that will mean IOUs, and pain for people who depend on the state for incomes. But many of the programs most cherished by politicians are protected from cuts by the courts. And all of the players in the budget debate have incentives to wait."

    The courts have made sure "important "stuff" is paid for. So, who cares about IOU's, furloughs and the loss of the DMV for a few days each month?

    The bottom line is simple. Government is so big and boated that most of us, yes, even Democrats, think this is a good idea. Why present a compromise budget when we could have higher taxes and fees in January--or no budget at all for several more months?


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