California budget News
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While building a high-speed rail system for a bullet train appealed to California’s voters in 2008, they are solidly against the proposed project in 2012, according to a new poll.
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As Governor, Jerry Brown is blaming the state's economic woes on poor revenues and over-spending by others while proposing new spending, massive cuts and a two-pronged tax hike for the future.
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Beleaguered California, in financial difficulty for years, has resorted to issuing IOU notes to creditors after legislators failed to balance the state's budget by the end of its fiscal year, June 30th.
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They listened to him now and believed him about later: the California congress finally presented a budget that Schwarzenegger was able to sign.
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As Governor, Jerry Brown is blaming the state's economic woes on poor revenues and over-spending by others while proposing new spending, massive cuts and a two-pronged tax hike for the future.
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