California needs to extend tax increases to balance budget
These are hot times in Sacramento. California’s constitution requires the legislature to send a budget to the governor by June 15. Time is running out to patch up an agreement, and there is a new incentive for lawmakers to get it done. From Bloomberg:
There are differences this year. In November, voters lowered the threshold to pass a budget to a simple majority from two-thirds. The same measure also stripped lawmakers of salary and per-diem pay for every day they’re late with the spending plan.
Brown has been meeting behind closed doors since March with Republican lawmakers to craft a compromise. The governor’s tax extension, a so-called bridge tax, is the major sticking point, said his spokesman, Gil Duran.
“The governor’s focus has been on a temporary tax extension to bridge the time gap between a vote on the budget and a vote of the people,” Duran said in an e-mail.
A poll released June 2 found that more than two-thirds of Californians want a chance to vote on Brown’s plan, though most would reject the taxes. The Public Policy Institute of California said only 46 percent of likely voters support the specific taxes and fees. The poll had a margin of error of plus or minus 3.6 percentage points for all adults and 4.3 percentage points for likely voters.