By Jon Coupal, Howard Jarvis Taxpayers Association
Shortly after Jerry Brown was first elected governor, nearly 40 years ago, he famously said, “This is an era of limits and we all had better get used to it.”
In keeping with this theme, it is now taxpayers who look at Governor Brown’s proposed 2014-15 budget with reduced expectations.
In fairness, there are aspects of the budget plan that taxpayers can endorse. The budget reflects at least some measure of fiscal restraint and austerity. Brown’s desire for no new taxes, continuing to pay down the ‘wall of debt’ and establishing a prudent reserve is commendable. Continue reading