Tuesday, April 14, 2009
California's Judgement Date?
This will be interesting...
In the L.A. Times, Eric Baily tells the story:
"Legislative leaders are weighing contingency plans for a potential fiscal 'doomsday' if a slate of ballot measures designed to balance the state budget fails in the May 19 special election.
Gov. Arnold Schwarzenegger and the bipartisan team of lawmakers pushing the half-dozen propositions continue to insist that the campaign has just begun and can still be won despite a recent public opinion poll showing all but one measure trailing badly.
But, behind the scenes, elected leaders and staffers have begun brainstorming additional budget cuts that might be necessary."
