We are still one month from the May 19th Special Election, but it’s safe to say that Prop. 1A is doomed to defeat, barring an unforeseen miracle in electioneering.
Prop. 1A is essentially a spending cap disguised as an increase in the state’s rainy day fund. It is intended to help ease future budget crises by placing a limit on state spending, based on two complicated formulas, and requires… Read More...