LA Times just uploaded a interactive tool to give everyone a chance at balancing the California budget. After playing around for a little bit, it’s easy to see how much you’ll need to comprise in order to make any substantial reduction of the deficit. Although both sides might not admit it, there’s just no way to balance the budget without new taxes and spending cuts – you just can’t do it without both.
Resources:
- Interactive: California budget balancer (LA Times)
Not a californian, but definitely a cool tool.
Dear LA Times, you have presented only 1/4 of the California annual expenditures. As your article says, the expected spend is about 101million, yet you show only about 25 million. Where is the other 75????
The 24 is just the shortfall. The 75 is already taken care of through existing income.