State budget update
Governor Schwarzenegger has pledged to veto the latest budget measure passed by Democrats in the California Assembly. According to the LA Times, the plan would balance the state budget with $2 billion in new taxes on smokers, oil companies, drivers and homeowners. While California requires a two-thirds vote for budgets and tax increases, Democrats employed a series of legal maneuvers that would require only a simple majority for the plan. Unless a budget agreement is reached by July 1, the state may have to start issuing IOUs for its bills. Larry Mantle gets an update on the latest budget developments.
Also on this episode
John Meyers, Sacramento bureau chief for KQED's California Report
Bob Stern, President, Center for Governmental Studies
Comments disabled after 14 days
Sponsor
Sponsor
Staff Pick
Eric Johnson
Tender Greens
Tender Greens is like your favorite rock band where you want to keep it a secret but also hope for tremendous success. And successful it is. Healthy and tasty salads and veggies, lean cuts of steak, chicken and tuna all served up in a 'fast food' style and price tag - but in a much better environment and quality. The flatiron angus steak with Yukon Gold potatoes top out my list. I also love to get the line caught ahi tuna with a baby spinach and goat cheese salad - quite tasty when I'm shooting for lighter fare. Makes for a nice and not-too-expensive dinner, and an excellent lunch as well.
Sign up for the A&C Newsletter and have these staff picks sent directly to your inbox.
Sponsor
Day In A Page Radio/Story Archive
4 months, 3 weeks ago
Can't pay state workers with IOU'S...however he could drop our pay to minumum wage...already approved by court...
the problem with the IOU'S is that the last time the state paid workers with IOU'S many banks would not honor them...which lead to a law suit..the state must pay its employees which is different from defaulting on a invoice from a vendor