Posts Tagged ‘leland yee. san francisco’

Senator Leland Yee Responds to New State Budget, Hopes for Federal Stimulus Package

Friday, February 20th, 2009

Here’s the latest from Sacramento, from San Francisco’s own Leland Yee, Ph.D:

Senator Yee Responds to Passage of State Budget. Yee objects to open primary, draconian cuts to education and social services, weakening of environmental and labor standards.

SACRAMENTO – On Thursday morning, the California Legislature approved an 18-month budget plan that includes expenditure reductions, revenue increases, economic stimulus and spending and government reforms.
Senator Leland Yee (D-San Francisco/San Mateo) praised his colleagues for finding a resolution to this ongoing crisis but remains concerned over the long-term impacts of California’s financial situation as well as policy changes to the State’s environmental and labor regulations.
“Yesterday, the State Legislature was able to avert a potential catastrophe by adopting a budget that addresses the State’s $42 billion deficit,” said Yee. “While I am relieved that we have avoided a potential disaster, I am deeply concerned that many vital services and programs will be negatively impacted.”
The compromise budget package agreement, which was the culmination of over 100 days of negotiations, includes $15 billion spending reductions comprised of numerous and permanent cuts to a broad range of services, $12.8 billion in temporary tax increases, $11.4 billion in borrowing, and establishes a $1 billion reserve. 
If California receives its anticipated funding as part of the federal economic stimulus package approved by Congress, the State may be able to borrow half as much as needed currently, taxes will be reduced and some of the cuts will be restored.
“There remain many challenges ahead for California,” said Yee. “In addition to addressing issues such as healthcare reform and our deepening drought we must work diligently and expeditiously to restore services for working families, for protecting our environment and for providing for the basic quality of life for those in need.”
“While this budget solves an immediate and critical problem, the long-term impacts of the budget cuts enacted will have many unfortunate consequences,” said Yee.

More deets after the jump.