Vacation Over; Budget -- What Budget?
As expected California is no closer to a budget today than when I left on my vacation two weeks ago. The Democrats in the Legislature remain convinced that the only solution is new taxes while the Republicans are convinced that the only solution is to cut programs and spending. Meanwhile, Meanwhile, Governor Schwarzenegger proposed a temporary $0.01 hike in the sales tax coupled with spending restraints.
I doubt we'll see a California budget until September at the earliest.
I doubt we'll see a California budget until September at the earliest.
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