SACRAMENTO (May 10, 2024) Assemblymember Diane Dixon (R-Newport Beach) provided the following statement on the Governor’s release of his May Revise for the State Budget:
“Today the Governor presented his May Revise, and it certainly did not offer a sustainable path to zero deficit budgeting. We still have a $27.6 billion deficit to address. There are tough decisions ahead. Moving pots of money around, delaying funding and cutting funds from vulnerable populations is window dressing.
“The reality is that California’s spending relies on a volatile tax base. High taxes and overregulation have driven tax paying residents and businesses out of the state. Businesses are not paying into the general fund at the level the government needs because employees and their tax payments are heading out of California. Make no mistake: there is a direct connection to the deficit and former tax paying Californians now paying taxes in other states. Until we fix California’s anti-business problem, we will continue to deal with deficits year after year. We need to improve the quality of life in California so all taxpayers stop taking their money elsewhere.”