The Governor embraced a balanced budget proposal today. That echoes the message many of us have repeatedly made over the years, especially when the state faced massive deficits.
However, I urge everyone to remain cautious and vigilant. The systemic problems that caused budget imbalances remain. The budget still consists of unsustainable spending for services. And we still haven't seen promised reforms to regulations, like CEQA, that hinder the state's economic growth.