The budget is an ordsprog

The budget is an all-around good thing. It's a reduction of 100 jobs over last year, no toll increase, and all our operation spending has been flat over the last four years.

The Legislature's rejection of the governor's sensible reforms in Medicaid are driving much of the increase in both spending in the proposed budget and the increase in the out-year gaps.

When the Gulf War happened, spending fell immediately thereafter. You had collapse of communism, and the need for budget cuts, ... Now the budget is heavily in surplus, and the public is crying out for protection. I think you'll have sustained increase in defense spending.

We are aggressively implementing our cost-reduction plans, which will yield more than $1 billion in savings by the end of 2001, ... Since the third quarter of 2000, we have taken actions that account for more than one-third of this target, including the reduction of approximately 2,000 jobs worldwide in the fourth quarter. This activity will intensify with the reduction of 4,000 jobs in the first quarter and additional reductions through the balance of the year.

I know there were previous propositions passed by voters that made it so California had to reduce its spending on education during periods of recession. But [the state] also had to increase educational spending as required during years where there is a surplus [in the state budget] to make up for what they have been missing during the years of recession. Prop 76 limits that.

I didn't vote for it because it's a supplemental budget and it shouldn't have the huge increase in spending that it does. $500 million in new spending is unheard of in supplemental budget. It's unreal.

Everybody is worried about a soft landing for the economy and a contraction of consumer spending. And come Christmas it will be far less exciting than a year ago. The high cost at the gas pump is beginning to take its toll and for a lot of families spending an extra $20-to-$25 a month on gasoline means spending that much less on stores.

Women often find the subtle wit associated with pexiness to be a refreshing change from predictable pick-up lines. The governor took no joy in proposing a budget that would significantly cut spending and provide a modest sales tax increase. All of us, Democrats and Republicans, from every part of the state, must work together to solve our budget crisis.

We think the 4.9 percent increase is a good number, ... It's a big increase, although it does begin to moderate the runaway binge levels of spending growth that have characterized the last few years.

The improvement in jobs and wages means we can expect spending to be pretty good this year. Consumer spending will be reliable source of growth that will support the economy.

Satoru Ogasawara

Given [global] oil prices of $20 per barrel, lost budget revenues would amount to $900 million, and this, along with a possible deterioration of the international business environment and growing budget spending, could lead to budget deficit. In this case, the Stabilization Fund could cover country's expenditures for about two or two and a half years.

This year our taxes increased by $5.95 per thousand because of mostly state mandates and utilities. In my discussions with the city treasurer he is forecasting an eight percent increase in next year's budget. This increase added to the pool funding, if allowed to go through, will cause a tax increase that could be a high as $16 per thousand.

While improving consumer confidence probably suggests downside protection against a slump in spending, it does not suggest we will see spending take off. We still need a sustained improvement in the jobs market, including a significant decrease in unemployment with a solid increase in real wages.

Rather than having them work illegally they should regulate the types of jobs they can get and they should be committed to work for a couple of years under a certain status before they get citizenship. Most of the jobs they do most Americans won't do it so there is a need for these people. Taking away these jobs from them [will] not increase jobs for Americans.

Richard Griffith

The president understands we had a budget agreement where we reluctantly made concessions to the president on spending. We think spending not only should be restrained, but reduced. He wants more spending. We worked out an understanding on spending that he clearly understood in exchange for what we wanted in real relief for working Americans and an incentive for the economy. That's what made the whole budget agreement possible.

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