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Calif. lawmakers fail to pass budget — by 1 vote (AP)

 

Assembly members Hector De La Torre, D-South Gate, left, and Bill Monning, D-Monterey, right, sleep at their desk during an all-night lock down of the Assembly at the Capitol in Sacramento, Calif., Sunday, Feb. 15, 2009. In an effort to get a budget deal, Assembly Speaker Karen Bass, D-Los Angeles, locked down her chamber about 3:30 a.m., forcing lawmakers to remain. (AP Photo/Rich Pedroncelli)AP – California lawmakers were stymied Monday in their frustrating search for one more vote to approve a $42 billion budget-balancing plan state leaders say is needed to stave off fiscal disaster.

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.