A Quote by Peter Schiff

A federal bailout would spare California from having to make spending cuts needed to bring its budget into balance. The matter has become urgent since California voters rejected several tax-hiking ballot initiatives. Rather than taking the vote as a signal to dramatically curtail spending, the state turned to the feds. If they get a free pass, the politicians can avoid fixing any of their past mistakes or preparing California for the future.
California has set up regional collection offices around the world, staffed by California employees, specifically for out of state California businesses to collect the money and bring it back to California.
The Congressional Budget Office tells us that Medicare spending has increased fivefold in the past 42 years, dramatically more than all other categories of federal spending.
California has become the first American state where there is no majority race, and we're doing just fine. If you look around the room, you can see a microcosm of what we can do in the world. . . . You should be hopeful on balance about the future. But it's like any future since the beginning of time -- you're going to have to make it.
Whenever people in Washington complain about spending cuts, they mean spending cuts that would affect defense contractors. They want to massively increase spending cuts everywhere else in the budget.
I grew up in California, and when I read that Proposition 8 was on the ballot, I was disappointed because it seemed to be inconsistent with the spirit of the state, with the independence and diversity of the frontier that California has always been.
If you look at the state of California, the children who are not receiving the education that they should are both black and Latino children. And together they would represent a majority of progressive voters in the state of California. And the state is still very, very broken.
Virtually throughout its history, and certainly in the 20th century, California has been known as the place to go for dynamism and growth. It did not become the richest, most populous, and most productive state solely because of its weather and natural resources. So it takes a lot to turn California around from growth to contraction, from people moving into the state to a net exodus from the state, from business moving into California to businesses leaving California. It takes some doing. And the Left has done it.
Several unions have agreed to larger employee contributions for their members. Taxpayers are living with cuts and making sacrifices to deal with the reality of California's budget crisis, state workers are going to have to do the same.
You don't have to look any farther than the state of California to know that having a 'Gordian knot' of conflicting measures acting upon on your state budget is a recipe for disaster.
One of the reasons I come to California is that the Republican party seems to have given up on California, and my message to those in California is that we're going to compete nationally as a party, and that includes California.
What we have done dramatically in California is lead the entire nation. For example, we have created more jobs in clean energy in California than there are coal-mining jobs in all of America.
I learned how to sign because when I was growing up in California in order to get into college you needed two semesters of language to get into a University of California school.
I work with a group called Compassion & Choices in California. It's attempting to get death with dignity legalised in California, the idea being that so goes California, so goes the rest of the U.S., at least.
A tax cut would most certainly be my first choice rather than an increase in federal spending. Those who advocate that fail to see that spending not only continues in subsequent years, but it grows and grows.
If the US Government was a family—they would be making $58,000 a year, spending $75,000 a year, & are $327,000 in credit card debt. They are currently proposing BIG spending cuts to reduce their spending to $72,000 a year. These are the actual proportions of the federal budget & debt, reduced to a level that we can understand.
I said we are going to balance an $11 billion budget deficit in a $29 billion budget, so by percentage, the largest budget deficit in America, by percentage, larger than California, larger than New York, larger than Illinois. And we're going to balance that without raising taxes on the people of the state of New Jersey.
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