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Budget deal would close California's deficit but makes rosy projections

Oct 6, 2010 10:59:00 PM - latimes.com
The agreement that lawmakers are scheduled to vote on Thursday would close the $19.1-billion shortfall by trimming salaries and public school funding. It relies heavily on federal dollars.

The budget deal that state legislators are scheduled to vote on Thursday would close California's $19.1-billion deficit by cutting state worker pay, trimming public school funding and relying heavily on handouts from Washington, according to new details released Wednesday — and if approved, it would fall out of balance almost the moment the ink dried.

USA, California: (Latest Stories)