A new survey by the Public Policy Institute of California shows 46% of likely voters backing the governor's proposed five-year extension on some taxes, a drop from 53% two months ago. The treasurer's office says delaying a vote on extensions to November could force the state to issue IOUs.
Public support for Gov. Jerry Brown's plan to solve the budget crisis with a June election is eroding as other officials warn that delaying such a move until late fall, as the governor is considering, could trigger a cash crisis and a fresh round of state-issued IOUs.
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