SACRAMENTO - Senator Jeff Stone (R-Riverside County) today issued the following statement regarding the Democrat majority-vote budget bill:
“California is now the 6th largest economy in the world, behind only the United States, China, Japan, Germany and the United Kingdom.
“Even though our state economy’s gross domestic product was 2.46 Trillion dollars, our local roads and bridges are crumbling, middle class families can’t afford to buy a home or send their kids to college, the most vulnerable Californian’s don’t have access to the healthcare services they need and our taxes are among the highest in the nation.
“With the vast resources of one of the world’s greatest and largest economies, why can’t we fix our problems?
“We don’t need to look much further than the State budget which failed to meet the priorities of hard working Californians. The budget – which spends a record $122.5 billion from the General Fund the upcoming fiscal year -- is an increase of $6.9 billion from last year.
“Even as the cost of State Government continues to skyrocket, Governor Brown is warning of dire days ahead for state revenue. His own administration is projecting an operating deficit of $4.1 billion dollars in 2019-20, and that was before all of the additional spending legislative Democrats tacked on to this budget in recent days.
“This budget paves the way for future deficit, and pays for new office buildings for State workers in Sacramento while roads and bridges across the State crumble. It hikes car registration and other fees on people who already dig deeper in their pockets than most Americans to pay their taxes.
“While spending is going up, this budget also fails to make current debt reduction a high enough priority. California now has debts and obligations estimated at $330 billion. That’s over $8,000 for every man, woman and child in California.”