[Congressional Record (Bound Edition), Volume 156 (2010), Part 1]
[House]
[Page 121]
[From the U.S. Government Publishing Office, www.gpo.gov]




         DEFICITS MADE IN CALIFORNIA SHOULD STAY IN CALIFORNIA

  (Mr. McCLINTOCK asked and was given permission to address the House 
for 1 minute.)
  Mr. McCLINTOCK. Mr. Speaker, yesterday I addressed the demand of 
Governor Schwarzenegger for Federal aid by noting the devastating 
impact that his tax increases have had on California's economy. Tax 
increases that were supposed to bring in $13 billion of additional 
revenue have, instead, crushed California's brittle economy and cost 
$10 billion in lost revenues in just 9 months.
  California's revenue problem isn't the only thing that was made in 
Sacramento. Their spending problem is also self-inflicted. When 
Schwarzenegger took office, California was spending $78 billion a year. 
Instead of hitting the brakes, he hit the accelerator and in just 4.5 
years increased spending by a stunning 40 percent. When State revenues 
peaked at their all-time high in July of 2008 at $97 billion, 
California was already running a $9 billion deficit.
  Mr. Speaker, budget deficits that are made in California need to stay 
in California, and that goes for the 49 other States as well.

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