Tag Archives: cuts

KRISTIN OLSEN: Save education by setting better budget priorities

Monday, Gov. Jerry Brown will submit his May revise budget proposal to the Legislature. It is expected that he will present two proposals: one that relies on tax increases to close the deficit and one that does not include tax … Continue reading

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Tax Rates are High Enough Already

Rep. Michele Bachmann talked to Matt Lauer this morning on the Today Show about the U.S. tax rate. She said she cannot support raising tax rates because higher taxes, especially on job creators, actually bring in less revenue rather than … Continue reading

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U.S. sets $223B deficit record

The federal government posted its largest monthly deficit in history in February, a $223 billion shortfall that put a sharp point on the current fight on Capitol Hill about how deeply to cut this year’s spending. Read more…

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Another House Repub joins no-more-borrowing club

While the House Republican leadership still is committed to raising the debt limit past $14.3 trillion, there’s increasing opposition within GOP ranks to doing so, says the organizer of a campaign to get Republicans in the lower house to rethink … Continue reading

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Legislative analyst identifies massive cuts if taxes fail

The Feb. 10 letter responds to Sen. Mark Leno, D-San Francisco, who asked the Analyst’s Office what the Legislature could do if voters or lawmakers reject tax revenues proposed by Gov. Jerry Brown. The LAO offered $13.5 billion in alternatives, … Continue reading

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