! Reinvest in education? You mean the 60% of the state budget isn't enough already? We spend the most and get the least out of it. How about they "act" like we are at a loss and start trimming the fat from the public union pensions and pay increases to public workers! This is how we got in trouble the first time around in the late 90s during the internet boom.
Legislature is in fantasy land if they think we don't have pension problems coming very soon. If $100 billion doesn't scare them now, I doubt anything will. California never had a revenue problem but a spending problem.