SACRAMENTO – Speaker Karen Bass (D-Los Angeles) today issued the following statement after the Governor made his line-item vetoes to the recently passed budget:
“The Governor's penny-wise and pound foolish and mean-spirited cuts add insult to injury to a budget that already will hurt middle-class and low-income families struggling in a difficult economy. Cutting funds for prostate cancer treatment, domestic violence, HIV/AIDS education, childhood lead poisoning, and eviscerating the program to make prescription drugs more affordable shows a lack of compassion and good economic sense.”
“The Governor has also broken his promise, again, to fund the Miguel Contreras Labor Institute. I am deeply disappointed in his actions today, and they set the stage for yet another difficult budget in the year ahead.”
SACRAMENTO – The California Assembly approved two measures that were part of a final budget deal. SB28 was passed with a 43-30 vote and doubles the penalties on corporations that understate their taxes by $1 million or more from 10 percent to 20 percent. SCA 30 passed with a 55-17 vote and requires certain economic conditions to be met for a release of funds from the rainy day fund.
Speaker of the Assembly Karen Bass said the passage of the state budget 81 days late is not a cause for celebration but is a reason for relief. She says the budget’s passage means an end to the pain caused by the budget stalemate. The Speaker says she’s happy Assembly Democrats were able to stop even deeper cuts to education, health and human services and transportation. Speaker Bass vowed to begin work immediately on the reforms needed to avoid future budget delays, including a change to the two-thirds vote requirement to pass a budget and an overhaul of the state’s antiquated tax system.
Sacramento – The California Assembly approved two measures tonight that were part of a final budget deal. SB28 was passed with a 43-30 vote and doubles the penalties on corporations that understate their taxes by $1 million or more from 10 percent to 20 percent. SCA 30 passed with a 55-17 vote and requires certain economic conditions to be met for a release of funds from the rainy day fund.
Speaker of the Assembly Karen Bass said the passage of the state budget 81 days late is not a cause for celebration but is a reason for relief. She says the budget’s passage means an end to the pain caused by the budget stalemate. The Speaker says she’s happy Assembly Democrats were able to stop even deeper cuts to education, health and human services and transportation. Speaker Bass vowed to begin work immediately on the reforms needed to avoid future budget delays, including a change to the two-thirds vote requirement to pass a budget and an overhaul of the state’s antiquated tax system. More on this Assembly Access Video.
