LAO to UC: You Were Prudent So We Can’t Wait. Let’s Cut You Now Rather Than Later
Bizarre! The LAO had previously said that instead of cutting UC (and CSU) next year, we should cut now – although we are more than half way through the fiscal year – spreading the cuts equally among the two years. I am reproducing a new report by LAO that makes the argument that UC and CSU were prudent and therefore taking away money this year won’t hurt as much. The relevant portions are in LARGE italics below. I reproduce the entire report. Scroll to the bottom for a link to a pdf version. January 24, 2011 The 2011–12 Budget: Achieving…
