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S.O.S.: Schwarzenegger To Ask Obama To Waive $8 Billion In Federally Mandated State Spending
23 hours ago ago from Pat Dollard | Young Americans
Dec. 24 (Bloomberg) California Governor Arnold Schwarzenegger wants President Barack Obama to help ease large- scale cuts to the most populous U.S. state’s already diminished social programs amid a $21 billion anticipated deficit. Schwarzenegger, a Republican, plans to ask for relief totaling as much as $8 billion, according to a California official who asked not to be identified because details haven’t been resolved. Instead of seeking ...
Related contentYisroel Pensack: Ballot Measure to Overhaul Californias Tax System Cleared to Obtain Voter Petition Signatures
4 hours ago ago from The Refinance Mortgage Blog
Home About Contact Essays Videos MySpace Live Cam FHA Loans Reputation December 24, 2009 Yisroel Pensack: Ballot Measure to Overhaul California s Tax System Cleared to Obtain Voter Petition Signatures The proponent of a constitutional amendment that would overhaul California s tax system by abolishing or reducing taxes on wages, commerce and industry has been ...
Related contentSchwarzenegger Seeks Rule Changes on Mandates and Social Programs To Ease $21 Billion Budget Gap
10 hours ago ago from Mish's Global Economic Trend Analysis
California is back in the hole and digging deeper. It is now $21 billion in the hole again and digging deeper every day. In response to the growing problem, Schwarzenegger Seeks Obama’s Help for Deficit Relief California Governor Arnold Schwarzenegger, anticipating a $21 billion state budget deficit, plans to ask President Barack Obama to ease mandates and minimums on social programs to save as much as $8 billion. The Republican ...
Related contentWhat the rest of the United States is heading towards..
14 hours ago ago from Where Are My Keys?
Some time in the near future, the pundits and talking heads will ask how we missed the signs of the American Bankruptcy. Sometimes the answer is a plain as the nose on your face: California has been among the states most affected by the economic recession. It has the lowest credit rating and recorded the nation’s second-highest rate of home foreclosures, trailing only Nevada. Unemployment peaked at 12.5 percent in October amid the loss ...
Related contentSpending by Democrats out of control at all levels of government
9 hours ago ago from Coralville Courier
FEDERAL TAX & SPENDING MENTALITY: Earlier this month the Nancy Pelosi and liberal Democrat led U.S. House voted to raise the country's $12.1 TRILLION debt ceiling by an addtional $290 BILLION. Adding to the financial burden elected officials have put on our children and grandchildren, the healthcare package will most certainly add to the deficit as well as increase our taxes. Further compounding the problem, needless cap and trade legislation ...
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