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Orange County Business Council Responds to State Budget Proposal: Get It Done!
| Source: Orange County Business Council
IRVINE, CA--(Marketwire - February 13, 2009) - The Orange County Business Council (OCBC) looks
to the silver lining on the proposed budget deal -- there is one. Under
the leadership of Governor Schwarzenegger and legislative leaders of both
parties it appears there's an attempt at a framework for a real solution
for California. While the tax increases in a troubled economy grow
concerns, they do not target any one industry sector, but are levied on
most businesses and are proposed to be temporary.
"Most important to the business community, the proposed budget has serious
economic stimulus -- which we love -- including enhanced public-private
partnerships, design-build authority, streamlined environmental review and
incentives for transportation and other projects that create jobs now when
we need jobs the most," stated President and CEO of OCBC Lucy Dunn. "The
government efficiencies proposed are long overdue." California also looks
to receive its federal tax dollars at a time they need it the most as the
federal economic stimulus comes to light.
"Look, we know the tax part of this proposal is ugly but the state is out
of money, projects are being halted everywhere," proclaimed Dunn. "The
legislature is out of time and the business community is out of patience.
We urge both Republicans and Democrats to vote yes, and Governor
Schwarzenegger to sign it. Then all must continue the long-overdue work
needed to create jobs, attract business to this state, further real
regulatory reform and turn California golden once again. Get it done!"
About OCBC:
The Orange County Business Council is the leading voice of business in
Orange County, California. OCBC represents and promotes the business
community, working with government and academia, to enhance Orange County's
economic development and prosperity in order to preserve a high quality of
life. OCBC serves member and investor businesses with nearly 200,000
employees and 2,000,000 worldwide. In providing a proactive forum for
business and supporting organizations, OCBC helps assure the financial
growth of America's fifth largest county. For more information, visit
www.ocbc.org.