Brown projects Calif. deficit to grow during forum
Associated Press
ASSOCIATED PRESS | AP
SACRAMENTO, Calif. and#8212; Gov.-elect Jerry Brown is projecting a budget shortfall of $28.1 billion, higher than earlier estimates of $25.4 billion.
Brown convened a budget forum with state lawmakers and local government officials on Wednesday to “try to get on the same page” about the state’s fiscal problem. He says he doesn’t expect to reach any agreements unless leaders of the diverse state understand the problem.
The dialogue was one he pledged during his campaign and marks a different approach from Gov. Arnold Schwarzenegger after he was elected in 2003.
The nonpartisan Legislative Analyst’s Office has projected a $25.4 billion shortfall through June 2012. Brown released figures that show the state stands to lose another $2.7 billion from potential changes to the federal estate tax.
Support Local Journalism
Support Local Journalism
Readers around Lake Tahoe, Truckee, and beyond make the Sierra Sun's work possible. Your financial contribution supports our efforts to deliver quality, locally relevant journalism.
Now more than ever, your support is critical to help us keep our community informed about the evolving coronavirus pandemic and the impact it is having locally. Every contribution, however large or small, will make a difference.
Your donation will help us continue to cover COVID-19 and our other vital local news.