What can California expect if the "trigger" cuts built into the budget materialize?
Finance officials will determine in mid-December whether California is on track to receive $4 billion more in revenue this fiscal year.
As much as $2.5 billion in cuts to K-12 schools, higher education, public safety and social services are on the horizon if it doesn't.
A Skype summit today from 4 to 6 p.m. will consider the consequences.
":Reviving California's Community Summit III: New Reality, New Possibilities" will take place simultaneously in the Bay Area, Central Valley and Los Angeles. Partners include the American Leadership Forum - Silicon Valley, California Forward and the Southern California Leadership Network.
Among the speakers: state Treasurer Bill Lockyer, state Legislative Analyst Mac Taylor, journalist Joe Mathews and Santa Cruz County Treasurer Fred Keeley.
Click here for more information and registration.
Crowd alert: The Occupy Wall Street movement comes to Sacramento today, as those suffering from the recession rally to call attention to the crisis that has cost them homes and jobs.
People are expected to begin gathering at 9 a.m. in Cesar Chavez Park. Organizers say they expect at least 900 to attend. Read more about the effort here.
Sacramento will also serve as a stop Thursday on the Americans for Prosperity "Cut Spending Now Tour," an effort aimed at convincing Congress to do just that. The group kicked off its tour this week in Washington, the home state of "super committee" co-chair Sen. Patty Murray.
The traveling troupe will gather at noon at the KTKZ parking lot on River Park Drive.