JUNE 10, 2009: An Answer With No Answer-Controller Chiang’s Office Responds
ByTo follow up on yesterday’s post, here is the response I received from Controller Chiang’s office via email:
The Controller has warned the Governor and the Legislature that the State will be out of cash at the end of July, and is urging them to enact solutions that will provide sufficient cash in the State Treasury to ensure the State meets all of its obligations during the summer and the rest of the new fiscal year. If the Governor and Legislature fail to enact meaningful reforms that provide much-needed fiscal relief, he will be forced to enact a cash-management plan to ensure there are sufficient funds to make all education and debt service payments. That may include delaying other payments. At this point, what fiscal controls the Controller will put in place depends entirely on what action the Legislature and Governor take, and how quickly.
My question was: Is there a scheduled order for the delayed payments or is it across the board? Are all payments delayed or are there only specific payments that may be delayed? “That may include delaying other payments”….which payments???? Does he know or is he flying by the seat of his pants?
This masterfully crafted email says a lot without saying anything at all and it doesn’t answer my question. Chiang in just another Sacramento politician who doesn’t feel the need to answer to his constituents.










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