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|California State Government||October 7, 2003 Election|
Balance the Budget
By Peter V. UeberrothCandidate for Recall of Gray Davis; State of California
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On my first day in office, I will call an emergency special session of the state legislature to address a deficit in next year's budget that is estimated between $8-10 billion. I will work to implement a "Taxpayers Bill of Rights" that will impose a spending cap on increases in the state budget. I will ask legislators to place a constitutional amendment on the March, 2004 primary ballot to ensure spending caps stay in place.Today, California's budget is not healthy. It is predicted by many recognized experts that if the politicians keep spending like the past few years, we will continue to have dangerous deficits. This must be stopped immediately. We must only spend what we can afford, and start now to build a reserve for the future. Importantly, the budget deficit can be eliminated without raising taxes. Tax increases drive jobs out of California and would make our budget deficit problems worse.
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