Water price hikes may be reduced, but they are not completely eliminated. The costs and benefits of such cuts are still being worked out in the context of what’s been described as “budget stability.”
The governor had not yet spoken to the mayor on Wednesday morning.
Facing mounting pressure from lawmakers and the community of San Francisco and beyond to cut the $10.6 billion in local aid he is expected to ask for to help the struggling city during the next two years, the mayor vowed to continue the tough stand. He also reiterated his commitment to the city, saying they would continue to push for tax cuts, housing and education programs that the city and federal officials believe would be worth it.
But despite the mayor’s continued stance, the issue is likely to be the most contentious of the three major budget plans. That’s because it is the first one that is likely to include a plan for a “fiscal cliff,” in which the economy would contract significantly. If that happens, California residents would face long-term uncertainty as federal spending for Medicare, Medicaid and social programs would either shrink or be cut, possibly permanently.
“I do agree with Gov. Brown’s proposal to increase the state sales tax,” said Supervisor Jane Kim, who introduced the budget measures in early January. “There are two sides to every coin – and both sides want to protect their interests at the expense of the working and middle classes. And so in many ways this fiscal cliff provides an opportunity for me and the members of the state Legislature to put the best value for the residents of our state in reducing the state’s budget deficit and in creating the fiscal stability we need to continue to invest in schools, communities and schools throughout the region, while also providing needed relief for our residents.”
If the governor follows through on his promises to put the fiscal issue aside, he might be in for a tough budget fight in September as lawmakers consider the state’s two-year budget. As has been the case for years, the governor and his lieutenant governor are set to propose sweeping cuts in a budget the state Legislature will likely approve this fall or the spring. Many o바카라사이트bservers are projecting that the fiscal cliff would prompt lawmakers to take action 바카라sooner rather than later, in order to avoid another recession.
The two-year budget process is not the only place in California where the governor might face a difficult budget fight. If he takes drastic action on transportation, he could face more public and political resistance at the ballot box. A growing numgospelhitzber of voters say they don’t trust the city an