Grim Tale on the State Budget - Part 2

From the LA Times: ...Gov. Gavin Newsom and Democratic leaders of the state Senate and Assembly announced an agreement on Wednesday to take action in April to begin to dramatically reduce California’s historic shortfall.

The problem: Democrats at the state Capitol couldn’t actually agree on an amount — offering only a range of $12 billion to $18 billion — or explain what, exactly, they plan to cut. Those details, the governor’s office said, will be discussed and shared next month.

The head-scratching announcement of a plan to have a plan comes as pressure mounts on Democrats over the looming fiscal crisis...

Only a handful of lawmakers have experience in office during the prior budget crisis, and Newsom has never been forced to make cuts of this magnitude...

Full story at https://www.latimes.com/california/story/2024-03-21/newsom-and-lawmakers-announce-plan-to-cut-at-least-12-billion-off-deficit-with-no-details.