Bits and Pieces Leaking Out on State Budget Deal
The spin doctors are leaking out bits and pieces about the state budget deal which is to be unveiled officially tomorrow. (Unveiled is not the same as enacted.) You can find highlights of this leaking – including a really, really profound quote by yours truly – in a Sacramento Bee story at http://www.sacbee.com/2010/10/05/3080001/schwarzenegger-lawmakers-claim.html There will be a suspension of a previously-enacted, but not yet in effect, business tax break. There will be an assumption of more federal revenue. (Yes, I know that an assumption is not the same as actual cash, but that is what the leak says.) There will…