The Live Within Our Means Act Fact Sheet

This is an analysis of Governor Schwarzenegger’s ‘Live Within Our Means Act.’ The Act is a TABOR-like proposal that addresses the out-of-control spending occurring in the State Legislature. “Between 1998 and 2004, the Legislature increased overall spending by 44 percent- from $75 billion to $108 billion- even though the state did not have enough money to pay for all that new spending.” The Fact sheet discusses how the Act addresses these problems, and safeguards against financial shortfall.

To review this Fact Sheet click here: Live Within Our Means Act Fact Sheet