Thursday, 14 June 2012

Is Maryland the Next California?

Dave Schwartz, The Daily Caller
Let your friends help you discover the best news, features and videos on TheDC. Publish what you read and maintain full control.California Governor Jerry Brown recently announced that his state's projected budget deficit had nearly doubled over the span of a few months, going from $9 billion to $16 billion. While Brown maintains that the huge jump is due to an error in revenue forecasting, the real reason is obvious: California is spending too much and is too reliant on a shrinking tax base. Decades of liberal policies that accelerated spending and grew government employee entitlements...

Source: http://www.realclearpolitics.com/2012/06/13/is_maryland_the_next_california_282310.html

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