Brown reaffirms Calif’s financial crisis | TahoeDailyTribune.com
YOUR AD HERE »

Brown reaffirms Calif’s financial crisis

SACRAMENTO, Calif. (AP) – Gov. Jerry Brown is reminding everyone that California’s $25.4 billion deficit is a crisis for the state.

Brown on Thursday reaffirmed former Gov. Arnold Schwarzenegger’s declaration last month of a fiscal emergency. The move gives lawmakers 45 days to take action.

If they fail to address the problem in that timeframe, the Legislature would be prohibited from acting on other bills.

Brown is calling for a combination of spending cuts, tax extensions and tax-law changes to balance the deficit over the next 18 months.

Brown to ask voters in a special election to extend temporary sales, income and vehicle taxes for five years. Lawmakers must act by March to get the question on the ballot by June.


Support Local Journalism

Readers around the Lake Tahoe Basin and beyond make the Tahoe Tribune's work possible. Your financial contribution supports our efforts to deliver quality, locally relevant journalism.

Now more than ever, your support is critical to help us keep our community informed about the evolving coronavirus pandemic and the impact it is having locally. Every contribution, however large or small, will make a difference.

Your donation will help us continue to cover COVID-19 and our other vital local news.

For tax deductible donations, click here.


Start a dialogue, stay on topic and be civil.
If you don't follow the rules, your comment may be deleted.

User Legend: iconModerator iconTrusted User