LAO Describes Slash and Burn Budget if Voters Do Not Approve Tax Extensions
As prior posts have noted, Gov. Brown at one point seemed poised to present a budget from Hell that would assume no tax extensions. He would then offer the tax extensions as salvation. However, that strategy was not followed and the budget actually proposed assumes voters enact the tax extensions. However, the Legislative Analyst has – at the request of some legislators – has in fact indicated what a budget from Hell might look like. Below is an item excerpted from Capital Alert that describes the finding and notes the higher ed implications: Legislative analyst identifies massive cuts if taxes…