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Poizner pitches recovery solution

Republican gubernatorial candidate lays out his plan to save California

Posted: October 22, 2009 9:28 p.m.
Updated: October 23, 2009 4:55 a.m.
 
Steve Poizner, a Republican hopeful for governor of California, stopped in the Santa Clarita Valley on Thursday to talk about economic recovery and sell his “10, 10, 10” plan.

“It’s 10 percent tax cuts, 10 percent spending cuts to create a $10 billion surplus,” Poizner said before a crowd of about two dozen business leaders at the SCV Chamber of Commerce.

State Assemblyman Cameron Smyth accompanied Poizner on the visit. Smyth, R-Santa Clarita, has endorsed Poizner for governor, noting the candidate’s work as California Insurance Commissioner and his dedication to public service as the reason for the endorsement.

Poizner laid out his plan to set California on a path to economic and political recovery. That path to recovery starts with tax cuts, he said.

“We need to cut taxes to businesses and individuals, which will increase tax revenues for the state,” he said.

Poizner’s plan echoed tax cuts passed by former presidents John F. Kennedy and Ronald Reagan. In both cases, tax revenue increased, though, under Reagan, so did the deficit.

Poizner said specific safeguards need to be in place to make sure California lawmakers don’t blow the excess revenue from the tax cuts.

“The surplus will go into a rainy day fund,” he said.

Poizner said that fund will be locked away, safe from legislators tempted to indulge themselves in the state’s surplus. The money would only be used in a fiscal emergency, he said.

Part of Poizner’s plan to save money is what he called “right-sizing” government.

“I’m not a big fan of taking an axe and slicing up government,” Poizner said.

He favors top-down reviews of each department at the state level and eliminating departments that don’t work, while increasing funds to programs that do work and need more funding.

The upcoming census and congressional redistricting could force the Santa Clarita Valley from a traditionally conservative district to a liberal one. Poizner made it clear where he stands on the state drawing voting lines.

“We shouldn’t leave districting up to the politicians,” he said.

Poizner supported Proposition 11, which took the job of drawing state assembly and senate district lines away from the legislature and placed it in the hands of a bipartisan nine-member committee. He would like to see the same done for congressional districting through the ballot initiative process.

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