May 20, 2009 – (RealEstateRama) — Robert Rivinius, President and CEO of the California Building Industry Association (CBIA), made the following statement on the results of the decision of California voters to reject the budget reforms and tax increases contained in Propositions 1A through 1E:
By voting down Propositions 1A through 1E, California voters have sent a clear message that when it comes to managing the state’s finances, “business as usual” is no longer acceptable. With soaring unemployment and sinking consumer confidence continuing to drag down an already fragile economy, voters have said California can’t afford escalating taxes and state spending. Instead, California’s leaders must focus on how job creation and a growing economy can serve to help put the state’s fiscal house in order and can restore the financial health and quality of life which hard-working Californians deserve.
The California Building Industry Association is a statewide trade association representing thousands of homebuilders, remodelers, subcontractors, architects, engineers, designers, and other industry professionals. More information is available on the Association’s Web site, www.cbia.org.
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