California governor signals key budget concession (Reuters)

I was wondering when some pragmatic souls in the California legislature would  step forward and give the voters what they asked for, a balanced budget with no tax or fee increases. Hopefully the legislators will present an accurate but conservative budget so that they do not have to go through this process again.

California State Senator Leland Yee (D-San Francisco) talks in his office about the state's budget impasse in San Francisco, California July 3, 2009. State officials have begun issuing billions of dollars in Reuters – Governor Arnold Schwarzenegger, optimistic California can finish its budget negotiations in a few days, is willing to reconsider his proposed cuts to education in hopes of averting a cash crisis, the San Francisco Chronicle said on Saturday.

California governor signals key budget concession (Reuters)
Sat, 04 Jul 2009 17:51:26 GMT