California’s fiscal crisis: A call for accountability and transparency

Opinion section
Valley News - Opinion
In a state known for its innovation and prosperity, California now faces a financial crisis of unprecedented magnitude. How did a $97.5 billion surplus vanish into a $70-plus billion deficit, despite investments in critical infrastructure and programs? The unveiling of a $292 billion budget, raises serious questions about the state's fiscal management.At the heart of this crisis is a projected $54.8 billion increase in revenues, primarily from personal income taxes. As Sacramento and our 58 counties gear up to impose new taxes on the hardworking people of California, it is crucial that we, the voters, demand accountability from our leaders. The lack of oversight and transparency in spending decisions cannot go unchallenged. California must not become a cautionary tale of tax and waste
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