In California we are in a mess regarding our budget. Here are the ideas Meg Whitman has for fixing our budget.
1. Impose targeted tax cuts, such as eliminating the capitol gians tax.
2. Impose a state spending cap tied to the states gross domestic product, ensuring spending does not increase unless the state’s economy is growing.
3. Reduce the state’s work load by 33,000 positions through the attrition.
4. Reduce spending by $15 billion, in some cases by eliminating waste.
5. Overhaul the state pension system, keeping the existing defined benefit plan in place for the current state workers while adapting a 401(K)-style plan for new hires.
6. Recquire welfare recepients recepients without a high school diploma to optain GED’s.
7. Turn the Legislature into a part-time body and reduce salaries.
8. Reduce the life time welfare limit from five years to two.
9. Estabish a commission to review regulations, laws, and agencies activities to streamline government.
10. Propose legislation to deny salaries and other payment to lawmaker’s when a budget is late.
11. Start state negotiations earlier, and veto legislation that does not address the budget crisis and other priorities.
Source- Sacramento Bee Oct. 23, 2010