California Vehicle License Fees to Triple

In an effort to bolster the already dry tax revenues, the Davis Administration is triggering an increase of your VLF:

"[Department of Motor Vehicles from Department of Finance Director Steve Peace] said the state is running entirely on borrowed money as legislators struggle to reach agreement on a spending plan by the beginning of the new fiscal year, July 1. Lawmakers appear nowhere close to a deal as the state hovers dangerously close to being assigned a "junk bond" credit rating that would raise the cost of future borrowing substantially. California already has the lowest credit rating of any state.

"The state has never been in this position before," Peace said. "We are managing this state the same way you would manage a company that is on the brink."

Maybe the DMV Finance Director is right, but last I checked, United Airlines doesn't require me to buy a ticken on threat of imprisonment. The administration has mismanaged the state's finances and bungled the power "crisis", so now Davis to dip into your pockets.