Budget Standoff, Cash Crunch

July 1, 2008 · Filed Under CA Budget · Comments Off 

For the past two days, I've been filling in as guest host of KQED's public affairs talk show, Forum. This morning, we spent our first hour discussing the budget impasse... on this, the first day of the new fiscal year where the budget is again missing in action.

You can hear that hour below.

Audio clip: Adobe Flash Player (version 9 or above) is required to play this audio clip. Download the latest version here. You also need to have JavaScript enabled in your browser.

And as Capitol watchers know, the stalemate could produce even bigger problems in a matter of weeks, as Controller John Chiang says the state may run out of cash this fall... and have a much harder time borrowing money on Wall Street than in budget standoffs of the past.

Coverage on that issue was on this morning's edition of The California Report, which can be heard below (with my story about 53 seconds into the program).

Audio clip: Adobe Flash Player (version 9 or above) is required to play this audio clip. Download the latest version here. You also need to have JavaScript enabled in your browser.

  • RSS FEED

    rss

    Subscribe to our blog feed and you'll never miss a post!


Sponsored by