Discuss California’s budget process, especially how direct democracy, Prop. 13, and the majority budget rule have affected government financing in the golden state.

Discuss California’s budget process, especially how direct democracy, Prop. 13, and the majority budget rule have affected government financing in the golden state. How does our system of taxation differ from that of other states, what unfunded liabilities do we face, and what further reforms should California embrace in order to ensure fiscal stability over the next twenty years?

Suggested Outline (by paragraph): 1) Introduction; 2) CA vs other states; 3-5) budget process and continuing issues, direct democracy, majority budget rule, Prop. 13, underfunded liabilities; 6-9) your plan of reform; 10) conclusion.

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