California Rejects Schwarzenegger’s Budget Measures (Bloomberg, via Yahoo)
There is a lesson in here for legislators who are drafting ballot propositions:
California voters rejected a package of budget-balancing measures that Governor Arnold Schwarzenegger said were needed to keep a $15 billion deficit from widening to $21 billion. A proposal to limit lawmaker pay passed.
They had to suspect that this combination of issues, broken up into this combination of propositions, would give the people a chance to do nothing but deny them a pay raise.
Oh yeah, look who shows up to add her two cents' worth:
“The fact is, right now, Californians do not trust Sacramento or the political process by which the budget is crafted, and they cannot afford higher taxes,” Meg Whitman, the former EBay Inc. chief executive officer who plans to run for California governor, said in a statement.
Meg, the tax buster.
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