Thursday, May 31, 2012 – 10:00 p.m.

Here’s some news of interesting flowing across transom Thursday evening.

Brown to cut $8 billion from state budget

California Governor Jerry Brown on Thursday indicated he will seek to cut $8 billion from the bloated state budget. It appears Brown will force the issue if legislators don’t agree.

Yes, the days of stealing dough from every place possible has finally come to an end.

Edwards acquitted on key count, mistrial declared on six other counts

Former Democratic Vice-Presidential candidate John Edwards was acquitted on one felony count related to alleged campaign finance violations and received a mistrial on six other counts, courtesy of a federal jury on Thursday.

The development is a blow to the governments case.

Medical Marijuana regulatory and tax legislation passes California Assembly

The California State Assembly passed AB 2312 Thursday afternoon

The legislation provides for a regulatory and tax structure for the operation of medical marijuana dispensaries and collectives.

California Citizens Compensation Commission approves five percent pay cut

The California Citizens Compensation Commission has approved a 5% pay cut for all statewide constitutional officers and members of the legislature. The move reduces legislator salary to just above $90,000 annually.