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California ballot war on tap for 2012

posted Jul 4, 2011, 10:03 AM by Gary Jones   [ updated Jul 28, 2011, 6:31 AM ]

"The state desperately needs to close its chronic budget deficit, bring some stability to schools, local governments and individual Californians who depend on the state for support, and pay down the huge debt that has been assembled during years of deficit spending. That probably requires some new revenue, at least temporarily.

Just as importantly, the issues that the Republicans raised were – and are – legitimate. California's economy is in the tank and is likely to remain depressed for years to come, in part because the state is not particularly attractive to job-producing investment. Pension benefits are unsustainable, and we do need a major overhaul of how we make fiscal policy.”

Read more here: Sacramento Bee