Assemblyman Gordon Calls for Fiscal Restraint, Investment in Education and Environment in 2016-17 Budget
- Created: Thursday, 07 January 2016 10:57
SACRAMENTO, Calif. – Assemblyman Rich Gordon (D-Menlo Park) welcomed Governor Jerry Brown’s proposed $126 billion general fund budget, “Today, we have a multi-billion dollar budget thanks to a strengthening economy and pragmatic fiscal policy. We must continue this prudent long-term fiscal policy and focus our spending on paying down our debt, creating a “rainy day” savings account, and investing in economic growth -- which includes investing in education.
"In my five years in office, I’ve seen a remarkable economic turn-around. When the voters first sent me to Sacramento in 2010, California was confronted with a $27 billion deficit. In my first year in the legislature we cut $12.5 billion from the state budget and established a set of fiscal controls. A year later, Californians approved temporary tax increases and our economy began to rebound. We must keep this context in mind when addressing the 2016-17 budget.”