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California Budget
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Forum:
Politics
Category:
Other
Miscellaneous
Thread ID:
01341181
Message ID:
01341186
Views:
13
>Here we go again. Facing a $15 billion deficit and 50 days past the Constitutionally mandated budget deadline the pieces are falling into place. A little birdy let me in on the following and it's now trickling into the news. The 1 cent "temporary" sales tax increase, into the general fund of course, is essentially a foregone conclusion. There appears to be an income tax increase coming, they're just haggling about what income level will be the floor. There is more borrowing, possibly from lottery money. No significant spending cuts are foreseen.
>
>In addition there appears to be a ballot measure coming to reduce the majority to pass a budget from the currently mandated 2/3rds to 50%.
>
>Just 315 days until the next budget deadline passes.
>Just 899 days until we get a 2nd go-round with governor "Moonbeam"
>
>The times they aren't a changin'!

What is the latest with the budgeted pay cuts to state employees? A while back I read that the initial budget included draconian pay cuts and job cuts to try to balance the budget.
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