From today’s Wall Street Journal Political Diary E-mail:
Day Five of the California Hostage Crisis grinds on with state legislators no closer to approving a $42 billion plan to close the state’s budget deficit with a mixture of spending trims and higher taxes.
The tax hikes have the support of every Democrat in the legislature, but three Republican votes in the Assembly and three in the Senate are needed to meet the requirement that the budget pass with a two-thirds vote. In the Senate, only two Republican votes have been secured. One of them is Dave Cogdill of Modesto, who was unceremoniously dumped late last night as his party’s… Read More