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Politics : High Tolerance Plasticity
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To: whitepine who wrote (20432)10/9/2003 9:01:56 AM
From: CommanderCricket  Read Replies (2) of 23153
 
WP,

I don't see how California can pull out of this mess. Taxes are already way too high and the masses just voted they weren't going to take anymore (registration fees).

Considering 3/4 quarters of the California budget is off limits to cuts, how can the budget be cut further to meet the $10 - $12 billion deficit? From heathcare and/or the prisons?

Anyone know the S&P's ratings on California's debt? If California can't pay it's debt, then the rest of us are in deep trouble.

Michael
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