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Old May 14th, 2003, 09:22 PM        And another piece of the liberal in my dies
My response to this is completely emotional. Maybe when I have calmed down I'll feel differently. I just can't figure out how much less I can budget with to get from paycheck to paycheck. And I'm considered "wealthy" by the government.........
Between the H1 visa holders adding to the unemployment and much of the social service funds going to people who don't need it, I'm ready to f'n explode.
We already pay 8.5% sales tax and he wants to increase it. Tripple registration fees for automobiles. All on top of our fed state and local income tax.
It's moments like this when I want to channel Vince and scream from the rooftop "I PAY FOR MY OWN MEDICAL COVERAGE.....I SHOULDN'T HAVE TO PAY FOR PEOPLE TO GO TO COLLEGE I DIDN'T GET TO GO......I DON'T HAVE ANY CHILDREN WHY AM I PAYING FOR SOMEONE ELSES...."

Fuck...sorry, I'm just upset 'cause I am barely going to make it finacially this month and that was the first thing I saw on the news when I got home. Seriously there is something wrong when the "wealthy" have to live on Top Ramen for half a month.


At-a-glance look at Gov. Gray Davis' new budget proposal

Wednesday, May 14, 2003

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(05-14) 18:06 PDT (AP) --

Highlights of Gov. Gray Davis' new $95.8 billion budget plan for the 2003-04 fiscal year, which begins July 1, 2003, and ends June 30, 2004:


Biggest revenue sources for budget's $70.9 billion general fund:

$33.4 billion from personal income taxes

$23.5 billion from sales and use taxes

$7 billion from corporate taxes

$1.9 billion from insurance taxes

$4.1 billion from other sources


Biggest spending categories:

$29.1 billion for K-12 education.

$21.1 billion for health and human services

$8.8 billion for state university education

$5.7 billion for youth and adult prisons


The budget:

Cuts less from elementary and high schools than the governor's January plan.

Restores $300 million to community college budgets and reduces fee hikes from original $24 per unit to $18. Fees are currently $11.

Restores car tax fees to 1998 levels to raise $4.2 billion.

Restores $40 million Williamson Act program to save farmland.



How Davis intends to erase long-term $38.2 billion deficit through June 30, 2004:

$18.8 billion in cuts and savings.

$10.7 billion with a deficit bond to be financed with a temporary half-cent sales tax increase until deficit disappears. (Tax begins Oct. 1, 2003, and will raise $1.7 billion through June 30, 2004, then $2.3 billion each year afterward).

$2.9 billion in loans and borrowing.

$1.7 billion in programs shifted to local governments and funded by hiking income taxes on the state's wealthiest residents and 23-cent tax hike per pack of cigarettes.

$3.9 billion in money borrowed and transferred from special state funds

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