Govener Brown Impeachment
Govener Brown has prooven to be a drian on California. He has spent Billion of dollars on a train system which is way overbudgeted at a time we need to conserve the most. California is in financial termorl yet he thinks spending billions of dollars on a super train which has prooven not to be to super is the solution. He claims the train system works for other countries but he fails to reconize those other countries built their train systems during a time inwhich they were not in proverty. Govener Brown has lied to us over and over again without any recourse.
Legislative Analyst Mac Taylor said the state is likely to generate $2.1 billion less in revenue and savings than the governor is counting on. But after years of catastrophic deficits, that's a relatively small gap in an estimated $97.7-billion proposal, he said.
"That's not a startling difference," said Taylor, who called the governor's plans "reasonable."
Brown and Taylor both see California's finances on the upswing, but they've differed on how fast the finances are improving. The governor says the state's deficit already has been wiped out; in November, the analyst projected a $1.9-billion budget gap this year.
Taylor did not back away from that estimate in his Monday report but described it as a "small problem" — "not big enough at this point to worry too much."
H.D. Palmer, spokesman for Brown's Department of Finance, said the analyst's report is proof the governor is taking the right approach. "Living within our means, paying down debt and strengthening education are the right policy choices for California," Palmer said in a statement.
Taylor raised some concerns. The end of the federal payroll tax cut could lower economic activity, taking a bite out of tax revenue. A drawn-out fight in Congress over raising the debt ceiling could cause a slump in the stock market.
He also noted that Brown's proposal "does nothing" to address mounting costs for teacher pensions and retiree healthcare. "There's no plan as to how we pay those off," Taylor said.
Unfunded obligations in the teachers' pension fund were estimated at $64.5 billion over 30 years. For retiree healthcare, the estimate was $62.1 billion.
In addition, Taylor said, Brown's plan could burn through much of California's potential surplus, leaving the state without a cushion. Then, "if you get to the point where you have a downturn," he said, "you'll need to go back on those spending commitments."
Assemblyman Jeff Gorrell (R-Camarillo), vice chairman of the Assembly budget committee, said California will need financial breathing room when the temporary taxes that voters passed in November expire in 2019. Otherwise, Gorrell said, the state could face "another massive deficit."
Palmer said the administration's own estimates show the state having healthy surpluses through 2017.
Taylor's most pointed criticism involved Brown's plan to use new revenue from Proposition 39, which changed how corporate taxes are calculated, to make schools more energy-efficient.
Because the ballot measure said projects would be selected based on energy savings and job creation, devoting the money to schools may not give the state the most bang for its buck, according to the report.
"The governor's proposal very likely would not maximize state energy and job benefits," it said.
Scott Walker and John Kasich respectively, said they would follow through on their campaign promise not to waste their states’ money on high speed rail. So what does the Obama administration plan to do with this $1.2 billion? Pay for unemployment benefits? Balance the budget? Pay down the debt? No, of course not. They are going to spend it of course.
Where? On other worthless projects like the Super Train to Nowhere in California. After the California High Speed Rail Authority approved construction for the first 65 mile leg of California’s project, The Los Angeles Times reported:
$4.15 billion. For just 65 miles of track. That will not even be able to support actual high speed rail. Between a town that is so small the U.S. Census Bureau doesn’t even keep official population estimates (Borden) and another that is best known as the home of Charles Manson. No wonder even Democrats are calling California’s super train a “train to nowhere.”
And now McClatchy is reporting that the Obama administration is going to give California another $624 million to waste on this boondoggle. How much track will that $624 million buy? Not much. The first 65 mile of track already used up virtually all of Obama’s $2 billion in stimulus funds. The project’s full phase is supposed to extend 500 miles and cost at least $43 billion at a bare minimum.
“No other state is as ready, as able, or as determined to develop a high-speed rail system in the near future,” Sen. Dianne Feinstein (D-CA) told McClatchy. If the Californai project is the Super Train’s best hope, the Obama switch to Super Busses can’t be far away.
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