The fiscal conservative’s case for Proposition 4

In my role as Director of the California Department of Finance, I served as Governor Arnold Schwarzenegger’s chief financial policy advisor for four years. In that time, I advocated against a number of policies that I believed to be fiscally irresponsible. I opposed using the General Fund for transportation bonds, I encouraged Medi-Cal cuts, and I argued to get the state out of the business of school bonds. My stance on these fiscal issues was based on my knowledge of the state’s ble