Posted by: al66888 | June 11, 2007

Conservatism includes being fiscally conservative

There is a reason why are taxes keep increasing year after year.  And that is because the leaders that we elect can’t control their spending.  From the federal level to the state level, budgets go up every year, and there is a ton of wasteful spending.  When was the last time you heard of the propsed budget that is lower that the year before? 

In California, Gov. Arnold Schwarzenegger, who claims to have conservative principles, continues to spend out of control

When Gov. Schwarzenegger took office in 2003, recalled Gov. Gray Davis was spending $78.3 billion from the state’s general fund. The May 2007 revision “restrains” spending to just less than $103.8 billion, an increase of 32.6 percent. That’s an annual average growth rate of 8.1 percent, compared to an annual growth rate of 7.1 percent under Davis and 4.8 percent under former Gov. Pete Wilson.

When the governor took office in 2003, the general fund was bleeding $1.6 billion in red ink. Under Schwarzenegger’s May budget revision, it will rack up a $2.5 billion deficit, and according to the Legislative Analyst’s Office, $5 billion more the following year. Put another way, in five years, Davis accumulated a combined deficit of $4.2 billion and Schwarzenegger is on track during his first five years to put us in debt by $10 billion.

So, how can you do all of this spending, and not raise taxes? The short answer, you can’t!

Actually, the governor has proposed $4.5 billion of new taxes to pay for his universal health plan, making it the second biggest tax increase in California’s history. That proposal is separate from the budget, although it is doubtful taxpayers will appreciate the distinction.

It is time for the American people to fight back against the spending and the waste. The taxes are never going to go down, if we don’t put in place people who are going to restrain government and it’s spending.


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