Repost: Budget measures could help, hinder annual California budget dance Share


California likely will face a deficit next year well over $10 billion. The state will lose about $8 billion in annual revenues when temporary tax increases on sales, income and vehicles expire next year. The state already anticipated fewer federal dollars, and that likelihood has increased with Republicans taking control of the House.

Read more: http://www.sacbee.com/2010/11/04/3158210/budget-measures-could-help-hinder.html#ixzz14RU71q60

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