Thursday, June 28, 2012

California governor signs new budget relying heavily on tax hikes

A series of automatic cuts including fewer weeks of public school will be triggered if voters reject income and sales tax increases - The Guardian

Democrats passed 21 budget implementing bills on a majority vote intended to satisfy the governor's demand for deeper cuts to close a $15.7 billion deficit, and Brown signed the main bill in the courtyard of his Capitol office just hours before a midnight deadline. His staff was expected to detail line-item vetoes Thursday.

CLICK HERE TO LEARN THE FACTS OF WHY CALIFORNIA TAXPAYERS ARE PAYING SO MUCH IN TAXES - hjta.org