Thursday, November 17, 2016

Nielsen: Time for caution, not for spending spree

From Northern California state Sen. Jim Nielsen:
Vice Chair of the Senate Budget Committee Senator Jim Nielsen (R-Gerber) issued the following statement regarding the Legislative Analyst’s budget forecast for 2017-18:

“Legislative leadership should heed the independent Legislative Analyst’s warning of uncertainty about our economy. His forecast comes on the heels of the Brown Administration’s report of a nearly $400 million decline in revenue last month. Now, more than ever, is the time to put more money in the Rainy Day Fund to prepare for the anticipated ‘mild recession.’”

No comments:

Post a Comment