schwarzenegger and fiscal policy
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Title: schwarzenegger and fiscal policy

Essay Details:

Subject: Social Issues
Author: Jack C
Date: January 17, 2015
Level: University
Grade: A
Length: 6 / 1792

Essay text:

In addition, the budget mandates a $729 million cut from higher education and a $165 million reduction from child-care programs for school goers. The budget also forces state employees to pay an additional five percent of their wages into their pensions, to pay off state borrowing. Nearly one-tenth of the state budget gap will be shifted to local governments, as $1.3 billion in property taxes due to cities and counties will be siphoned off to the state. There will also be a severe reduction in health and welfare services, in a state where six million residents have no health insurance and 60 hospitals have shut over the last decade...

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