Assembly Speaker Fabian Nunez traveled to a Sacramento middle school to announce his proposal to spend an additional three-billion dollars on education and pay for it with an income tax hike on the state’s wealthiest earners.
“We hope that the Governor of California will join us in embracing our view of the world, a view that says we owe it to the children of this state.”
But the Governor’s embrace of tax increases is unlikely. Republican Assemblyman and Budget committee Vice-Chair Rick Keene was also lukewarm to Nunez’s other idea—to use bond money generated by last year’s Proposition 57. Keene says it will increase the deficit in future years.
“We’re opposed to anything that’s going to increase that out-year deficit problem.”
June is when budget negotiations begin in earnest. June 30th is when a new budget must be in place— a deadline that’s often missed.