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California deficit called worst ever
SACRAMENTO California's budget deficit will grow to $28 billion through June 2010 unless lawmakers take bold action to close the shortfall, possibly including an increase in the state income tax, the Legislature's nonpartisan analyst said Tuesday. The Legislative Analyst's Office urged ...
Analyst: California faces $28 billion deficit
breitbart.com — SACRAMENTO (AP) - California's budget deficit will grow to $28 billion through June 2010 unless lawmakers take... bold action, possibly including a hike in the state income tax, the Legislature's nonpartisan analyst said Tuesday. The Legislative ... (more) Analyst: California faces $28 billion deficit
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California: Hey, why not bail us out, too?
Hot Air » Top Picks — ... California has a whopping $28 billion dollar deficit , thanks to their inability to control spending.  When Governor Arnold Schwarzenegger first took office on a platform of fiscal responsibility, the Golden State deficit was around $6 billion.  It has almost quintupled since, as California has continued its spending spree and raised taxes that kill investment and businesses.  Now that they face a drastic shortfall in projected revenue, thanks to the economic mismanagement of Schwarzenegger and the legislature, the Speaker of the Assembly has a ...

Quotation Of The Day
Right Wing Nation — ... California has a whopping $28 billion dollar deficit, thanks to their inability to control spending.  When Governor Arnold Schwarzenegger first took office on a platform of fiscal responsibility, the Golden State deficit was around $16.5 billion.  California has continued its spending spree and raised taxes that kill investment and businesses.  Now that they face a drastic shortfall in projected revenue, thanks to the economic mismanagement of California’s governing class, the Speaker of the Assembly has a ...

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