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AgdaPkt 2003-07-21
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AgdaPkt 2003-07-21
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Last modified
6/2/2011 2:35:51 PM
Creation date
7/17/2003 3:08:19 PM
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Template:
CC Index
CC Index - Document Type
Agenda Packet
Meeting Type
Interview
Agency Type
City Council
Date
7/21/2003
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9. A -11 <br />QUOTESfrom page 10... "a " ".." " 9999 .........................9646.. <br />Assembly rejected a Republican plan to balance <br />the budget without new taxes." <br />Sacramento Bee, 7/7/03, Deficit bonds <br />gaining favor. "Supporters say the bonds would <br />prevent crippling cuts to classrooms, health <br />services and prisons. But some financial experts <br />warn that a budget built around borrowing — <br />whether it be for a household or a government — <br />shrugs off accepted financial wisdom and merely <br />postpones tough budget decisions." <br />Palm Springs Desert Sun, 7/06/03, State <br />Budget Tiff Resumes. "Californians are cel- <br />ebrating this July Fourth weekend without a state <br />budget, and no one is sure if they will have one by <br />the next national holiday on Labor Day." <br />The San Francisco Chronicle, 7/5/03, <br />GOP's State Budget Plan Rejected. "Assembly <br />Democrats on Sunday night flatly rejected a <br />Republican plan to wipe out a $38 billion budget <br />shortfall without raising taxes, saying the spending <br />cuts would turn Californians away from kindergar- <br />ten and college classes and leave the poor 'dying <br />in the streets. "' <br />The Contra Costa Times, 7/05/03, State's <br />Final Budget Likely to be a Patchwork. "While <br />Democrats and Republicans disagree on major <br />points concerning California's potential $38.2 <br />billion budget deficit, they agree that a final solution <br />will involve a patchwork of accounting gimmicks, <br />loans and fund shifts." <br />The San Jose mercury News, 7/04/03, <br />Budget Impasse Down to $2 billion. "The <br />stalemate over how to fix California's massive <br />$38.2 billion budget shortfall appears to come <br />down to a dispute over what to do about less than <br />$2 billion." <br />Sacramento Bee, 713/03, Human Cost of <br />GOP Cuts Called High. "Republican budget <br />plans released this week would make tilousands <br />of people ineligible for subsidized health care, give <br />young students a later start and cut monthly <br />grants to the aged, blind and disabled." <br />The Contra Costa Times, 7/03103, Higher <br />Sales Tax Could Cost Jobs. "The higher sales <br />taxes that are seen as one cure for California's <br />budget ailments could unleash a host of plagues, <br />including thousands of lost jobs and slumping <br />retail sales, according to economic studies by two <br />state agencies." <br />Sacramento Bee, 7/3/03, State's Forecast <br />Carries Big 'If.' "The long -term prospects for <br />California's sputtering economy to return to <br />prosperity look bright, a Palo Alto research group <br />predicted Wednesday. But there's one dark cloud <br />hovering over the road to recovery: The partisan <br />bickering that has all but paralyzed the state <br />Capitol." <br />SEE FOR YOURSELF from page 8 " " " " " " <br />Legislative Session In Recess Next Week? <br />Next week we expect a flurry of activities on <br />the budget due in part to the fact that the legisla- <br />ture is scheduled to go into summer recess on <br />Friday, July 18th. last year, the Senate was <br />successful in passing a budget bill by the begin- <br />ning of summer recess, while the Assembly <br />remained in session throughout the recess period <br />to debate the budget bills. Whether either house <br />will meet the summer recess deadline at this point <br />is anybody's guess. <br />San Diego Union Tribune, 7/5103, Forecast: <br />State's Economy Can Boom, but Politicians in <br />Way. "The gridlock is our worst enemy. It sends a <br />signal to business that we're more interested in <br />pointing blame than taking care of what could be <br />done to compete. That's a very dangerous signal." <br />For further details or questions as the budget <br />activities progress next week, contact your Re- <br />gional Representative, or alternatively Jean <br />Korinke, ikorinkelaacacities.ora. <br />Visit the League's Official Web Site -- www.cacities.org PRIORITY FOCUS /PAGE 11 <br />
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