SACRAMENTO – Assemblyman Curt Hagman (R-Chino Hills) today voted on the remaining budget trailer bills after voting against AB 110, the budget compromise crafted by Governor Jerry Brown and legislative Democrats, yesterday. Assemblyman Hagman criticized the lack of a rainy day fund and the use of increased revenues to expand government programs, rather than refund programs and services that suffered budget cuts in the past as fought for by Republicans.
“I’m pleased that my colleagues have talked about a rainy day fund for many years, but unfortunately it’s been all talk,” stated Assemblyman Hagman. “Despite the lip service paid to fiscal responsibility, this budget not only lacks a rainy day fund but perpetuates accounting gimmicks which hide new spending increases through delays and ignore rising unfunded liability costs such as public employee pensions,” Hagman continued.
While the budget was passed on time and was more conservative than legislative Democrats would have liked, Assemblyman Hagman feels it does not account for the state’s boom and bust cycles and will not set California back on the path to financial stability.
“Republicans remain ready to discuss, debate, and work with the other party on all issues,” said Assemblyman Hagman. “We will continue to fight for the taxpayers and the efficient use of their dollars, and I hope we and our ideas can be properly considered in so-called compromises in the future.”
In addition, today, Assembly Democrats passed an Assembly Constitutional Amendment, ACA 8, lowering the required vote threshold at the local level to approve bond debt for infrastructure financing. ACA 8 is not a budget bill, but a direct attack on Proposition 13 and taxpayers in this state. Its vote and difficult passage—along party lines with all 54 Democrats in support of the bill and all 25 Republicans in opposition of the bill—is now somewhat hidden in the mix of budget trailer bills.