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Last login: Thursday, July 9, 2009
The LAO (Legislative Analyst Office) has said that if Gov. Schwarzenegger had raised the VLF (Vehicle License Fee) back up to its statutorily-mandated level of 2.0 % upon taking office after the 2003 recall election, California would currently have a budget surplus. Instead, he lowered it down to 0.65%. Last month (June), he raised it to 1.15%, which is still almost one-half of where it should be, by law. Please publicize the above, for this is California's short-term budget solution. (The long-term solution is the business side of Prop. 13, which is a fight for another day).
July 9, 2009 at 9:05 p.m.
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