An Examination Of California’s Proposed Budget Cuts

The New York Times reports on a series of deep budget cuts to help California, which is some $24 billion in the red, deal with its’ ongoing financial woes. “In a special election on May 19, voters rejected a batch of measures on increasing taxes, borrowing funds and reapportioning state money that were designed to close a multibillion-dollar budget gap.” In response, Gov.

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