March 24, 2011
Gov. Jerry Brown signed bills today (March 24) that cut billions from California’s budget but still needs $12.6 billion to close the state’s budget gap. That’s $12.6 billion more in revenue or additional cuts to state-supported services. His plan to put tax extensions on the ballot remains unresolved. Brown told reporters today that an all-cuts budget would be “very bad for universities, very bad for schools.” Watch the governor’s press conference.