Monthly Archives: December 2008

Waiting For Tonight's Budget Drama

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Late word that the Senate and Assembly are now not convening until 9:00 p.m. tonight to consider the controversial simple majority tax plan from Democrats. Which leaves some time for odds and ends. The delay is undoubtedly tied to the … Continue reading »


Dems Go Around GOP. Et Tu, Arnold?

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And just when you thought the budget saga couldn’t get any more bizarre. If this were the Olympics and even if you hated it, you’d have to score some style points on the acrobatic budget maneuver unveiled this afternoon. Democrats, … Continue reading »


Assembly Adjourns, Without Progress

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10:45 pm: The Assembly has called it a night, after a more than four hour delay, which followed the failed vote for the Democratic budget proposal. And in true Capitol fashion, even that vote was surprising, as all Democrats removed … Continue reading »


All Nestled, Snug In Our... Assembly Chamber?

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As the old saying goes, watch this space. We know the Assembly is convening this afternoon to take up a new, or rather modified, budget deficit proposal from Democrats. We know it’s a $19 billion proposed solution, per comments to … Continue reading »


GOP Budget Plan: $22 Billion, No Taxes

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Legislative Republicans have crunched the numbers on their proposal for erasing some, but probably not all, of the shortfall facing the state over the next 18 months — a $22 billion proposal that suggests more than $2 in cuts for … Continue reading »


Podcast: Arnold Comes Out Swinging

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This week’s news on the state budget saga saw some new tough talk from Governor Schwarzenegger. But will it be enough to shake things up? On this edition of the Capital Notes Podcast, we examine the impact of the joint … Continue reading »


$41.8 Billion Deficit: A Closer Look

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Governor Schwarzenegger and his budget advisers today projected a $41.8 billion deficit between now and the end of June 2010. That’s easily one of the state’s biggest fiscal holes ever, and only seems to have raised the sense of gloom … Continue reading »


18 Month Deficit: $40 Billion

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That’s the bleak news you can expect to hear more about today. An administration official, speaking on background, says that Governor Schwarzenegger will tell legislative leaders today that the new deficit estimate through June 2010 is a whopping $40 billion. … Continue reading »


Arnold Deficit Clock Now At $14.8 Billion

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Arnold The Showman is back. With Monday’s joint legislative meeting on the state’s fiscal crisis seemingly failing to thaw the frozen partisan fight on budget solutions, Governor Schwarzenegger today unveiled a ticking budget deficit clock and announced the current year … Continue reading »


We Need New Ideas. From 2004.

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Like every good state Capitol denizen, I still have the yellow books sitting on a shelf here in the bureau. It’s a handsomely bound set dominated by two volumes each the size of a San Francisco phone book, emblazoned with … Continue reading »