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Arnold: We have Phony Budget Deal!

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  • Arnold: We have Phony Budget Deal!

    The Governors office just notified the public, "We have a budget deal". He, along with Democrat Senate leader Steinberg announced they have closed the $19 billion budget deficit.

    And that is why this is phony. The deficit is $40 billion and more, more than double what Arnold and his Democrat friends are willing to admit.

    1. The operating deficit for 2009-10 is actually $21 billion.

    2. There is approximate $10 billion in lawsuits Arnold has lost, but has not paid--that is not part of the "deficit" in his office.

    3. The State has borrowed $7.5 billion from the Feds, so we can continue giving up Unemployment checks--this is not part of the Guv's or Democrats deficit plan.

    4. In the 2009-10 budget we were to sell $3 billion is government assets, we sold almost none.

    5. It has been talked about in the halls of the Capitol that the new "deal" means the 2010-2011 budget STARTS with a $9.5 billion deficits.

    6. Does not count the billions stolen from Trust Funds, illegally--like the recylcing Trust Fundfrom recycled bottlesand cans.

    Will Arnold and his Democrat friends allow committee hearings on the new budget? No

    Will they allow the public to completely vet the new budget before it is apporved? As Pelosi said about ObamaCare, "You will find out what is in the bill when we pass it."

    What are the cuts in programs? How many State employees will be let go or added? What taxes and fees are going to be raised?

    This smells let three day old fish left out on the counter. Budget deal, maybe. Honesty? Absolutely not--again.

    Now you know why we need a regime change on November 2. Get angry or get poor. Demand full disclosure and hearings on the budget. Oh did I mention they do not even pretend that it is balanced?
    The last time these folks presented a similar budget was in 2008—and that budget lasted only four months. This one might last as long, but it will be a disaster for everyone.


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