Monday, June 11, 2012

California budget due in five four days

California lawmakers have until Friday to balance California’s budget. Lawmakers said they have already agreed on about $14 billion in spending cuts, but still need to cut about $2 billion more. - KCRA

Governor Jerry Brown has proposed focusing the remaining cuts largely on California’s health and welfare programs....

Senate President Pro Tem Darrell Steinberg and Assembly Speaker John Perez met with Governor Brown in closed door meetings over the weekend in the hopes of reaching a compromise.

California legislative leaders huddle before budget vote - Sacramento Bee

Legislative Democrats will vote by Friday's deadline on a state budget that has a "very substantial reserve" and is free of gimmicks to erase a $15.7 billion deficit, Senate President Pro Tem Darrell Steinberg said this morning.

Lawmakers face a constitutional deadline Friday to pass a budget under threat of losing their pay.