Wednesday, February 11, 2009

The California budget mess

If we don't get a deal soon, Arnold is threatening to fire 20,000 state workers.

From the Chronicle:

The state's leaders also are considering setting a limit on state spending that would be calculated in part by using the state's revenue figures from the prior 10 years, according to sources who were briefed by Democratic budget staffers.

Additional revenue collected beyond that limit would go to a rainy-day fund.


I love the talk of the rainy day fund- seems to me like we are in a freaking monsoon already.

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