At a forum in L.A., the incoming governor says the fiscal mess is ‘much worse’ than he thought; he does not say whether his plan would contain only spending cuts or include new taxes.
“This is really a huge challenge, unprecedented in my lifetime,” Jerry Brown said at UCLA. (Brian van der Brug / Los Angeles Times / December 14, 2010)
By Seema Mehta, Los Angeles Times
December 15, 2010
Gov.-elect Jerry Brown said Tuesday that he wants to complete a budget agreement within two months of unveiling his budget, an accelerated timeline that would allow a late-spring special election for potential tax increases or other revenue generation.
Read the rest of this entry »