California Legislative Analyst Discovers ‘Seiler’s Law’ on Budget Spending Limit

The flag of California in Newport Beach, Calif., on Aug. 25, 2021. John Fredricks/The Epoch Times

Commentary

Back in 2003, I was perusing some state budget documents and found an interesting correlation. When state general-fund spending rose above 6.2 percent of the income of Californians, inevitably the state would run deficits, get into budget trouble, and end up having to make sharp budget cuts and tax increases.