Thread: Proposals for plugging California's budget deficit

Proposals for plugging California's budget deficit

9:31 PM | July 20, 2009

After months of negotiating, California’s government leaders announced an agreement today on how to plug the state’s $26.3-billion deficit. Here are some ways they propose to help close the gap:

CUTS

K-12 and community college education -- $4.3 billion (affects anchor babies and illegal aliens in schools)
Higher education -- $3 billion (affects anchor babies and illegal aliens in schools)
Medi-Cal -- $1.3 billion (Medi-caid in CA., affects anchor babies and illegal aliens)
State worker pay -- $1.3 billion
Corrections -- $1.2 billion (affects illegal aliens in prisons, may be released and deported)
CalWorks/welfare -- $528 million (affects anchor babies and illegal aliens)
Home health aides -- $226 million*
Healthy Families children’s insurance -- $124 million (affects anchor babies and illegal aliens)
Local transportation -- $1 billion* (affects anchor babies and illegal aliens on the bus and light rail)
Redevelopment agencies -- $1.7 billion*

REVENUES

Accelerate income tax withholding -- $1.7 billion
Increase estimated tax payments for businesses and the self-employed -- $610 million

OTHER NEW FUNDS

Sale of State Compensation Insurance Fund -- $1 billion
Assumed federal funds for Medi-Cal program -- $1 billion

ACCOUNTING SHIFTS/BORROWING

Local government borrowing -- $2 billion
Education deferrals -- $1.7 billion
June 2010 state worker paycheck deferral -- $1.2 billion
-- The Times Sacramento Bureau

(Note: Numbers are incomplete and don't add up to $26.3 billion. Items with * were added or updated at 10:10 p.m.)

http://latimesblogs.latimes.com/lanow/2 ... billi.html

Proposals for plugging California's budget deficit

9:31 PM | July 20, 2009

After months of negotiating, California’s government leaders announced an agreement today on how to plug the state’s $26.3-billion deficit. Here are some ways they propose to help close the gap:

CUTS

K-12 and community college education -- $4.3 billion (affects anchor babies and illegal aliens in schools)
Higher education -- $3 billion (affects anchor babies and illegal aliens in schools)
Medi-Cal -- $1.3 billion (Medi-caid in CA., affects anchor babies and illegal aliens)
State worker pay -- $1.3 billion
Corrections -- $1.2 billion (affects illegal aliens in prisons, may be released and deported)
CalWorks/welfare -- $528 million (affects anchor babies and illegal aliens)
Home health aides -- $226 million*
Healthy Families children’s insurance -- $124 million (affects anchor babies and illegal aliens)
Local transportation -- $1 billion* (affects anchor babies and illegal aliens on the bus and light rail)
Redevelopment agencies -- $1.7 billion*

REVENUES

Accelerate income tax withholding -- $1.7 billion
Increase estimated tax payments for businesses and the self-employed -- $610 million

OTHER NEW FUNDS

Sale of State Compensation Insurance Fund -- $1 billion
Assumed federal funds for Medi-Cal program -- $1 billion

ACCOUNTING SHIFTS/BORROWING

Local government borrowing -- $2 billion
Education deferrals -- $1.7 billion
June 2010 state worker paycheck deferral -- $1.2 billion
-- The Times Sacramento Bureau

(Note: Numbers are incomplete and don't add up to $26.3 billion. Items with * were added or updated at 10:10 p.m.)

http://latimesblogs.latimes.com/lanow/2 ... billi.html