Columnist: Budget ‘Hardly’ Honest, Gimmick-Free
Columnist Dan Walters argues that Democrats' new state budget plan is not balanced and honest and does not include an adequate reserve as they claim. He writes, "It's 'balanced' only with some very shaky income and outgo assumptions; it's 'honest' only if one ignores dozens of bookkeeping tricks, fund shifts and other gimmicks; and its reserve is half of what Gov. Jerry Brown wants and a fraction of what it should be."
- "Dan Walters: Rickety Budget Built on Sand" (Walters, Orange County Register, 6/15).