Since the fall, when lawmakers began trying to attack the gaps in the $143 billion budget that their earlier plan had not addressed, the state has fallen into deeper financial straits, with more bad news coming daily from Sacramento. The state, nearly out of cash, has laid off scores of workers and put hundreds more on unpaid furloughs. It has stopped paying counties and issuing income tax refunds and halted thousands of infrastructure projects.Remember what drove Arnold Schwarzenegger to victory in the recall election in 2003? Yeah, that's right.
Monday, February 16, 2009
California or Bust?
The New York Times is reporting that California's budget crisis is only getting worse:
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