budget shortfall

San Bernardino votes to declare bankruptcy

(AP) – The Southern California city of San Bernardino has voted to declare bankruptcy. The City Council in the city of 210,000 people decided to seek Chapter 9 protection Tuesday night, making it the third […]

07/11/2012

Governor's revised budget includes higher taxes

Governor Jerry Brown will lay out details of a revised state spending plan today after announcing over the weekend that the deficit is much larger than he had predicted just a few months ago. The […]

05/14/2012

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