Capitol Alert

The latest on California politics and government

Gov. Arnold Schwarzenegger will call a budget special session starting Dec. 6 that focuses on resolving the $6.1 billion current-year deficit, he said today.

"While California's economy appears to be showing signs of stabilizing, our job creation and revenues are still lagging," Schwarzenegger said in a statement. "Changes in Congress and passage of Proposition 22 also present significant new challenges to balancing our budget,"

The announcement comes a day after the nonpartisan Legislative Analyst's Office said California faces a $25.4 billion shortfall through June 2012. A portion of that - $6.1 billion - is due to the current budget falling short of expectations.

State leaders enacted the current $86.6 billion general fund budget on Oct. 8, setting a new state record for lateness on the 100th day of the fiscal year.



FOLLOW US ON FACEBOOK

More Capitol Alert

Capitol Alert on Twitter

Popular Categories

Now on sacbee.com/politics

Categories


November 2013

Sun Mon Tue Wed Thu Fri Sat
          1 2
3 4 5 6 7 8 9
10 11 12 13 14 15 16
17 18 19 20 21 22 23
24 25 26 27 28 29 30

Monthly Archives


Latest California Clips