(Originally posted at The Press-Enterprise)
BY THOMAS DEL BECCARO
Another California budget cycle has come and gone. As with each of the budgets from the past decade or so, questions abound. Is it really balanced? Are the revenue estimates real? Will there need to be revisions in the months ahead?
The short answers to those questions are that it is not really balanced because it relies on unlikely revenues and, yes, we will be revisiting the budget this fall. More important, this budget contains no meaningful reforms. Beyond that, this governor has no plan to bring jobs to this state. As a result, not only will we be in a bad place this fall — next year promises more of the same.