CN&R Local Stories California meltdown 11.26.09:
"The meltdown went positively volcanic this week, as UC students by the thousands protested steep tuition hikes, dozens were arrested, and we learned the state again faced a huge budget deficit that would last for at least five years.
Nov. 11: The Sacramento Bee reports that, according to the Pew Center on the States, nine other states are facing “some of the same pressures that have pushed California toward economic disaster.” With California, they represent one-third of the nation’s population and economic output.
Nov. 12: Gov. Arnold Schwarzenegger warns that the state budget deficit could swell to more than $14 billion, and that deeper spending cuts will be needed to close it."
"The meltdown went positively volcanic this week, as UC students by the thousands protested steep tuition hikes, dozens were arrested, and we learned the state again faced a huge budget deficit that would last for at least five years.
Nov. 11: The Sacramento Bee reports that, according to the Pew Center on the States, nine other states are facing “some of the same pressures that have pushed California toward economic disaster.” With California, they represent one-third of the nation’s population and economic output.
Nov. 12: Gov. Arnold Schwarzenegger warns that the state budget deficit could swell to more than $14 billion, and that deeper spending cuts will be needed to close it."