Senate Republican Leader Dave Cogdill, of Modesto, today issued the following statement after Governor Arnold Schwarzenegger unveiled a clock updating California’s debt:
“Bullying the legislature to adopt tax hikes won’t make the ticking clock the Governor unveiled today go away, in fact it will only make our budget problems worse. Raising taxes doesn’t solve the underlying problem of California’s budget, which is the state spends more than it takes in.
“Republicans have been working for years to stimulate the economy. Now we’ve been told that unless we support tax increases – which would harm the economy – the Legislature will not consider enacting these common-sense reforms. We should all agree that economic stimulus will protect taxpayers’ jobs and homes and we should have done it by now.
“The best solution to providing the immediate cash the state needs is through spending reductions. Senate Republicans have already demonstrated that we are prepared to make those tough decisions and will outline additional proposals in greater detail early next week.
“Our end goal is clear: provide economic stimulus to get more Californians to work, which naturally increases the state’s revenues, protect already over-burdened taxpayers, and ensure that California never again faces a crisis of this magnitude.”
Since this spring, Senate and Assembly Republicans have brought forward budget solutions including:
This fall, Republican leaders sent Governor Schwarzenegger a letter calling for job creation and economic stimulus to be a top priority of the special legislative session.
Senator Cogdill proudly represents part or all of the counties of Fresno, Madera, Mariposa, San Joaquin, Stanislaus and Tuolumne.
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