“Brewer and GOP legislative leaders believe they’ll be able to keep the budget in balance throughout the coming year, instead of seeing it slip almost immediately into deficit, because they have balanced it structurally.
There are no tax increases and no new borrowing, although debt remains from previous years of borrowing.”
The most major cuts are $510 million in healthcare costs and about $420 million in education cuts, which is traditionally the largest area of spending in state budgets across the country,
Check out this chart at the link below! It takes up to 27 bureaucratic steps and 2-5 years to fire a teacher in Chicago.
And they wonder why their government school students do so poorly and taxes are so high – government union corrupted politics!
“California’s illegal immigrant population is costing the state’s taxpayers more than $10.5 billion per year for education, medical care and incarceration”
- Free Education for Illegals: costs of K-12 schooling approximately $7.7 billion annually.
- Free Health care: about $1.4 billion a year.
- The cost of incarcerating illegal aliens: about $1.4 billion a year.
This is a report from 2004. Imagine how high the cost is now!
Illegal Immigrants Cost Texas more than $4.7 billion per year for education, medical care and incarceration.
12% of school children in Texas, K-12, are illegal aliens. This cost alone is $4 billion per year.
To make matters worse, this study was done in 2005. Imagine what the costs are now!
Our two most recent Presidents can’t balance a budget. They spent more than they made. Simple basic economics. Our current budget shortfall is $1.7 trillion, and our debt is about $14.7 trillion!
George Bush graduated from Yale and Harvard. Barack Obama graduated from Columbia and Harvard! These are supposed to be elite schools, yet they couldn’t even teach basic budget concepts and discipline to two of their most prominent graduates. Shameful! These are embarrassing failures for these pretentious schools; and I haven’t even mentioned their failed students that populate our Congress, not to mention the scoundrels in financial institutions that sold sham mortgage securities. (also Ben Bernanke, Fed Reserve Chairman, Harvard grad)
Yes, these Ivy League Grads Fail Miserably at Basic Economics.