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LWOM
(redirected from Live Within Our Means Act)

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AcronymDefinition
LWOMLive Within Our Means Act (California)
LWOMLiving within Our Means (New Zealand)


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And now the Guv wants to pass what he calls the Live Within Our Means Act so that he could make further education cuts.
The recent failure of Proposition 76, also known as the 'California Live Within Our Means Act,' ends immediate uncertainty regarding changes in budget reduction methods and actions when California is faced with a fiscal imbalance.
If approved, the governor's Live Within Our Means Act would eliminate the provision of Proposition 98 - the voter-approved education-funding guarantee - that says if the minimum funding guarantee for education is suspended one year, it needs to be restored the following year to where it would have been.
 
 
 
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