Tuesday, July 21, 2009
Editorial: California's budget agreement is an ugly mess
It sounds like California fixed their budget with smoke and mirrors, and that they haven't done anything but delay the issue...
This Oakland Tribune editorial has a lot to say about California's budget. They begin with:
"ONCE AGAIN, our governor and legislative leaders have patched together a budget that fails to address a severe structural imbalance. Instead, they have delayed the day of reckoning with accounting tricks, borrowing, overly optimistic revenue projections and promises that will make future budgets even more difficult to balance."
