State budget: A federal bailout for California?

November 20th, 2008, 11:09 am · 2 Comments · posted by BRIAN JOSEPH, Sacramento Correspondent

Assembly Speaker Karen Bass has started pushing a new solution to the state’s budget woes: a federal bailout.

The speaker says she doesn’t want to consider any more cuts to the state budget and thinks if the private sector can get a bailout why not us. Several people have suggested the solution to our budget situation is go half new taxes, half reduced spending. Bass says she’s all for a 50-50 solution: 50 percent bailout, 50 percent new taxes.

This, as you might expect, has been greeted with some major skepticism. I can’t imagine it would garner much Republican support. And it seems rather ridiculous for the federal government to bailout California when quite literally the main culprit of our problems is inept leadership.

As I’ve reported, there’s a growing sense that Bass is way in over her head as speaker. This plan, if you can call it that, may be just another example of how she’s not quite ready for prime time.

Share this post:

You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.

Categories

X-DEM says:

November 21, 2008 at 1:18 pm

I guess it wouldn’t hurt to ask. Congress seems to be handing out (taxpayer) money as if it were growing on trees. With the current multi trillion dollar deficit, who is going to bail out the federal government? People (like Karen Bass) forget that the federal government money is OUR money and bailing out those who make bad decisions is a bad idea.

Post Reply

Joe Dawson says:

January 21, 2009 at 9:03 pm

This is a major Democratic state and should be able to get help from the Obama administration, whether we deserve it or not. Both the state and the country have to face reality at some point… but we’ll cross that bridge when we come to it!

Orange County Register