Proposition 76’s Potential Impact on the CA State Budget

The California Budget Project sponsored an educational teleconference for the press and <indybay.org> tape recorded it and rebroadcast it for affiliates.

Governor Arnold and his minions proposed this method to take away the ability of taxpayers to manage their money. The Governor would be given extraordinary power to manage the taxes, and freeze it away from future voters, unless they get very active.

Listen to how the reporters from the various media discuss the issue, and learn for yourself how the solvency of California is measured.