FOR IMMEDIATE RELEASE: November 20, 2013
CONTACT: Peter DeMarco @ 916-651-4029
Senate GOP Leader says budget priorities should be funding schools, paying down debt
SACRAMENTO – Senate Republican Leader Bob Huff (R-Diamond Bar) offered the following reaction to the Legislative Analyst’s Office (LAO) fiscal forecast for California’s 2014-15 State Budget:
“The good news is that California is no longer running multi-billion dollar budget deficits. That said, the LAO stressed a clear need for continued spending restraint, as well as paying off budgetary debts and unfunded public employee retirement and health liabilities. The Proposition 30 tax hikes have generated more revenue than what supporters claimed was needed to simply protect school funding. If that money is spent on new state programs, California could easily slip back into budget deficits from $6.5 – $8 billion in the event of a mild recession.
“Californians deserve a government that works for them, and Sacramento can adopt policies that help people get jobs and grow the economy. The LAO recommends a cautious approach of building a strong rainy-day reserve, paying for past commitments, and limited ramp up of new spending. We agree. The focus should be on keeping the promise to help schools improve our children’s education and investing in California’s critical infrastructure needs. There will be other pent-up spending demands by many that can’t be fulfilled. But we can sustain this recovery and protect vital services all Californians care about as long as we work together to make that happen.”
Senator Huff serves as the Senate Republican Leader and represents the 29th Senate District covering portions of Los Angeles, Orange and San Bernardino Counties. Follow Senator Huff on Twitter at @bobhuff99.