Click here to view the Governor’s YouTube post. Excerpts from the brief post are below.
“For a decade the can has been kicked down the road and debt has piled up. In January I presented a balanced budget solution of deep spending cuts a proposal to let the people of California vote on whether to extend some taxes on a temporary basis.”
Unfortunately the Republicans said no – they didn’t want the people of California to have that right to vote. The Democrats on the other hand, made some very deep cuts. And the budget I received today there was more positive work.
Unfortunately it doesn’t go far enough.
California is facing a fiscal crisis – and very strong medicine must be taken. So I am vetoing it today because I don’t want to see more billions in borrowing, legal maneuvers that are questionable and a budget that will not stand the test of time.”