Calif. lawmakers fail to pass budget — by 1 vote (AP)
Tue, 17 Feb 2009 05:09:24 GMT
Wow! Yesterday when I speculated in the post, “Will the US follow California’s path with dealing with a financial crisis?”, about how California was going to show the rest of the country how to resolve a budget crisis I did not know that California’s legislators were working on a budget-balancing plan. Now I am dealing with a weird feeling of cosmic coincidence since I live in Ohio and let’s just say that our local news is provincial. Let’s just say that I was surprised. Although the failure to pass a budget-balancing plan is interesting I doubt the budget game is over. Maybe this will be the time California will consider a special budget referendum to break the deadlock and settle the issue. California likes to be on the bleeding edge of change.