I had reported previously that Gov. Jerry Brown already has vetoed the gimmick-filled budget that his legislative Democratic colleagues hobbled together yesterday. That ordinarily would be good news given the gimmicks, bizarre revenue projections, fee increases and so forth that are at the foundation of that budget. But this morning it appeared that the one good provision -- the elimination of redevelopment -- also goes by the wayside. But I jumped on the negative news too early. Apparently, the trailer bills involving redevelopment have yet to make it to the governor's desk. Redevelopment might really be kaput. I will keep you posted. Maybe it's the best of all worlds -- a dead budget and dead redevelopment.
No TrackBacks
TrackBack URL: http://www.publicsectorinc.com/cgi-bin/mt/mt-tb.cgi/268
Related Entries:
- California leaders must choose one form of green
- Even Democrats get it about some regulations
- Texas gas attack provokes California
- State pols know Mickelson won't be last to flee
- California teachers union: Light my fire
- Unions gloat over sputtering pension-reform movement
- CalPERS undermines state pension reforms
- California's 'wall of debt' towers over tax revenues
- Pension costs squeeze PA. budget
- Labor's big victories in state initiative elections
- Falling down a fiscal hole
- California's fiscal future imperiled by tax progressivity
- Brown scorns 'market ideologues,' celebrates higher taxes
- California tax increases -- what's the worst that could happen?
- Battle over pension spiking brewing in the Bay Area
Join the conversation