CA democratic legislature has set the budget on spending destruction from well before arnold. Arnold had no control over them. Arnold basically did nothing. http://sunshinereview.org/index.php/California_state_budget According to a 2012 study by 24/7 Wall Street, California is the worst run state taking into account debt per capita, budget deficits, unemployment, median household income, and the percentage of the percentage of the population below the poverty line. The best run state is North Dakota. [7] Read more: http://sunshinereview.org/index.php/California_state_budget#ixzz2M2RQiytG
Gov. Jerry Brown proposed a state budget for FY2014 on Jan. 10, 2013.[9] A 248-page Budget Summary provided by the governor's office can be found here. The pro_posed budget increases spending by approximatley 4% over FY2013, bringing general-fund spending to $97.7 bil_lion.[10] Highlight of the budget include: Schools will receive $56.2 billion in state funds, an increase over $2.7 billion over the prior year;[9] an additional $350 million will go to implementing President Obamaâs healthcare law with Medi-Cal, the stateâs public insurance program;[9] $2.7 billion increase in funding for community colleges;[11] increases state funding for the University of California and California State University systems by $250 million, a 5% increase.[11] The governor claims that, if the budget is enacted as he proposes, the state will see an $851-million surplus projected at the end of FY2014.[9] He also said that he believes the state can reduce its "wall of debt" from $27.8 billion at the end of this current fiscal year to $4.3 billion by the end of 2016-17.[11] In laying out his timeline for repaying some $23.5 billion in borrowed funds, Gov. Brown did not factor in tens of billions more owed $62 billion for retirement health care benefits promised to state workers. The coming tab for retired workers tops $181 billion over the next three decades: $62.1 billion for retiree health, $64.5 billion for teacher pensions, $38.5 billion for employee pensions, $12.8 billion for University of California employee pensions and $3.3 billion for judgesâ pensions. [12] Read more: http://sunshinereview.org/index.php/California_state_budget#ixzz2M2RmLjz0