Relevant:
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- Governor Cuomo Declares New York "Functionally Bankrupt", Seeks Spending Cuts; California Governor Jerry Brown Cites Egypt, Demand Tax Hikes
- California budget hole deepens to $16 bln - governor
- For California, Another Day, Another Deficit
- Gov. Schwarzenegger convinces two more unions to agree to pension concessions, pay cutbacks
2011-01-08 — blogspot.com
"News has been flying in California the past few weeks over more budget concerns. Those budget problems will not go away until structural problems are fixed. That mean serious concessions across the board by public unions. Instead, Governor Brown may seek a referendum to raise taxes."
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