Tag Archive for Budget

Obama Weekly Address: Pay as you go

The President, having just signed the “Pay As You Go” law, discusses the importance of this fundamental rule to getting budget deficits in check. Ensuring that new spending and tax cuts are offset was a important factor in creating the budget surplus of the late 1990’s.

News Bits: June 29, 2009

Assembly Democrats approve majority vote budget fix BRIAN JOSEPH, Orange County Register:  Exploiting a legislative loophole, Assembly Democrats late Sunday passed a tax increase and other fixes to bridge the state’s $24.3 billion deficit without a single Republican vote. Typically,…

Legislative Leaders Announce Their Budget Plan

SACRAMENTO – Senate President pro Tem Darrell Steinberg (D-Sacramento) and Assembly Speaker Karen Bass (D-Los Angeles) today presented the budget proposal approved by the legislature’s joint Budget Conference Committee yesterday that addresses California’s budget shortfall with a balanced approach including…

Orange Works to Balance Budget

The City of Orange has posted documents for the first 2009-2010 budget study session (Tuesday after the city council meeting.)  This is the current proposal to close the $10.9 million gap. Reduce Departmental Operating Budgets  $3.0 million Defer Salary Increases…