California faces $20.7 billion deficit, again billion, california, deficit - Local News - Victorville Daily Press:
"SACRAMENTO • Four months after closing a $26 billion budget shortfall, California lawmakers are faced with another $20.7 billion budget gap through 2011 — and tens of billions of dollars more until revenue rebounds in 2014, according to a recent report by the nonpartisan Legislative Analyst’s Office.
“Our problem is, rather than making the hard decisions 18 months ago, we keep putting it off and so it only makes it that much more difficult,” said Sen. George Runner, R-Lancaster. “Hopefully we’ll just get a plain, old reality check, because we’re running out of options...”"
"SACRAMENTO • Four months after closing a $26 billion budget shortfall, California lawmakers are faced with another $20.7 billion budget gap through 2011 — and tens of billions of dollars more until revenue rebounds in 2014, according to a recent report by the nonpartisan Legislative Analyst’s Office.
“Our problem is, rather than making the hard decisions 18 months ago, we keep putting it off and so it only makes it that much more difficult,” said Sen. George Runner, R-Lancaster. “Hopefully we’ll just get a plain, old reality check, because we’re running out of options...”"