• $12.5B the size of the spending cuts that Jerry Brown’s trying to sell to California residents
• five the number of years of tax increases that would also be part of the fairly risky deal
• no Republicans are on board with Brown on this yet – he used the phrase TAX INCREASE! source

• » About those tax increases: They would extend a series of temporary tax increase implemented in 2009, which are set to expire in July. Californians are set to vote on the increases in June. And other changes are recommended too – certain services could be transferred from state local governments (such as prisons), and services for the poor are among the ones getting cut the most. However, K-12 schools will be protected from cuts (and just about nothing else).

Posted by Ernie Smith • Permalink