Just a reminder that we still have the budget trigger - enacted by the legislature - aimed at UC among others. (If revenues don't match certain projections, additional budget cuts are imposed.)Here is what state controller John Chiang had to say about it:
…The Democratic controller credited the "trigger" cuts for adding certainty to the state budget in unpredictable times, noting that credit rating agencies have looked favorably on that mechanism. But he knows many Democratic lawmakers, who agreed to triggers only at Brown's urging, don't feel the same way. "As I share with a few legislators when I talk to them today, I say if you don't like the fact that we may have triggers, then you better offer an alternative, and you should offer that alternative pretty quickly," Chiang said.
Full article at: http://blogs.sacbee.com/capitolalertlatest/2011/11/dont-like-trigger-cuts-controller-says-offer-alternatives.html
Right now, the budget figures that could pull the trigger haven't been all that pretty:
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