Assemblymember Bloom Reacts to Governor’s Budget Proposal

Wednesday, January 10, 2018

“I applaud the Governor for his continued leadership in proposing a budget that prioritizes stability and better protects us from future economic recessions.  Aggressively investing money in our Rainy Day Fund every year has been a mainstay since I was elected in 2012 and is the responsible approach even if it doesn’t create the most exciting headlines.  California has enjoyed its longest economic recovery since World War II, but that recovery will not last forever and our revenues will decline.  Absent a strong Rainy Day Fund that is built over many years, a recession will translate into thousands of teacher layoffs, substantial reductions in childcare slots, healthcare benefits, and community college courses, and massive tuition hikes for CSU and UC students.  However, this turbulence in our quality of life can be tempered with responsible planning which is why Californians overwhelmingly passed Proposition 2 in 2014 to create today’s Rainy Day Fund.

“Conversely, prioritizing stability and protecting us from future economic recessions also means we need to fix problems while we have the funds to correct the injustices that so many continue to face.  California has the sixth largest economy in the world, yet thousands of people live in squalid conditions that are reminiscent of a 3rd world country.  Some communities lack access to clean water and others lack functioning sewage systems.  This is unconscionable and must change now.  Climate change is also causing extreme weather pattern changes evidenced by our recent record drought followed by last year’s historic precipitation – a phenomenon that scientists have warned us about for years.  These changes are exacerbating wildfires, flooding, and mudslides that have devastated many communities across the state.  We have a duty to protect the public, which requires our budget to also prioritize funding infrastructure that will allow us to adapt to the conditions that climate change imposes.

“As Chair of the budget subcommittee that has oversight of these matters, I look forward to working with the Governor over the next five months to make these investments while also closely examining his proposal in other areas to make sure our final budget provides what Californians expect and deserve.”

Richard Bloom represents California’s 50th Assembly District, which comprises the communities of Agoura Hills, Bel Air, Beverly Hills, Brentwood, Hollywood, Malibu, Pacific Palisades, Santa Monica, Topanga, West Hollywood, and West Los Angeles.