The Governor must act on the budget by midnight today. If he had the courage, he would send it back and demand the Legislature send him a fully vetted plan that is truly balanced, contains real reform and spurs job creation in our state.
The truth is that California won’t have a real budget until November. That’s when voters will decide whether to embrace or reject the billions in higher taxes the budget assumes.
Should taxes fail, the budget calls for billions in ‘trigger cuts’ to education funding. I suspect these ‘trigger cuts’ are little more than a head fake aimed at scaring overtaxed Californians into taxing themselves even more.