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Boxer disputes Schwarzenegger claim state sent more money to Feds than it received

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steven johnson Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-12-10 11:48 AM
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Boxer disputes Schwarzenegger claim state sent more money to Feds than it received
I think Arnold has steroid-induced innumerancy, a common GOP cognitive distortion manifested by a preoccupation with tax cuts and cadillac welfare stories.

California needs help but Arnold's pity party really gets in the way of productive discourse.




Commissioned by Democratic Sen. Barbara Boxer, the study determined that California in 2008 and 2009 received more from the federal government than the state sent to Washington in the form of taxes. However temporary, that reverses a trend of more than 20 years.

Boxer's staff economist determined that California received approximately $1.02 back in federal spending for every $1 in tax revenue it sent to Washington in 2008. The economist also estimated California received $1.45 back in federal spending for every $1 in tax revenue the state sent in 2009.

By contrast, as Schwarzenegger noted in his State of the State speech this week, California has until now received only about 78 cents back for every dollar sent to Washington.

Boxer disputes Schwarzenegger claim on federal aid
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DesertDiamond Donating Member (838 posts) Send PM | Profile | Ignore Tue Jan-12-10 01:02 PM
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1. This article is confused. It states both what Boxer says and what Arnie said as fact...
when these "facts" contradict one another. Someone should have done a little research to find out who was telling the truth, or at least note that such research had not been done.
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steven johnson Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-12-10 05:34 PM
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2. .Analyst: Schwarzenegger's Budget Overly Optimistic
Arnold's innumerancy is a gift that keeps on giving.



By THE ASSOCIATED PRESS
Published: January 12, 2010
Filed at 3:12 p.m. ET

SACRAMENTO, Calif. (AP) -- California's nonpartisan legislative analyst says Gov. Arnold Schwarzenegger's proposal to close a $20 billion budget gap is overly optimistic.

Legislative Analyst Mac Taylor says that is mainly because the governor is relying too much on additional federal money. Schwarzenegger has demanded an extra $6.9 billion from the federal government and has said he will eliminate or gut social programs if the funding is denied.

In an analysis released Tuesday, Taylor says the federal government probably will provide some additional help. But he says the likelihood of Washington agreeing to all the governor's requests is ''almost nonexistent.''

Schwarzenegger released his budget proposal for the coming fiscal year last week and called the Legislature into special session to start tackling the deficit.

Analyst: Schwarzenegger's Budget Overly Optimistic
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