And don’t forget the trigger
Just a reminder that we still have the budget trigger – enacted by the legislature – aimed at UC among others. (If revenues don’t match certain projections, additional budget cuts are imposed.) Here is what state controller John Chiang had to say about it: …The Democratic controller credited the “trigger” cuts for adding certainty to the state budget in unpredictable times, noting that credit rating agencies have looked favorably on that mechanism. But he knows many Democratic lawmakers, who agreed to triggers only at Brown’s urging, don’t feel the same way. “As I share with a few legislators when I…