Massive tax increases, huge spending cuts or bankruptcy. Pick one (any one think it will be spending cuts?)

And lest we forget.

The president's budget low-balls discretionary spending in the out-years by probably hundreds of billions.

And this does not factor in the administration's ambitious plans to approach universal health coverage. Neither the White House nor CBO budgeted related costs or taxes in their tallies.

Considering that the "O" now wishes to actively manage the car and bank industry and soon will manage California.

We are seeing the end result of a bloated Socialistic form of government.

The people of California disagree with Richie, they are tired of paying for ever enlarging government.