Maybe the Regents Finally Got the Attention of the Governor on the UC Pension Issue
We noted in a post yesterday that the LAO was forecasting rosy budget times ahead for the state but nonetheless seemed to want a budget freeze for UC. Today, the news media are full of statements by Gov. Brown warning the legislature not to party and to behave frugally. We also noted in prior posts on the recent Regents meeting that the Regents were somewhat bolder with the governor. After the usual thank-you-thank-yours for Prop 30, they passed a budget proposal with more money than the governor wanted and pointed especially to the imbalance whereby the state automatically funds the…