Jerry Brown, Democrats agree on new budget plan

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Source: San Francisco Chronicle

Sacramento --

After months of attempting to find a bipartisan solution to California's budget deficit, Gov. Jerry Brown on Monday said he is no longer seeking Republican support as he and Democratic leaders announced a plan to balance the budget that will be voted on today.

The move comes less than two weeks after Brown shocked Democrats by vetoing their plan to close the remaining $9.6 billion deficit, a plan he called inadequate. The new proposal relies largely on billions of dollars in previously unanticipated new revenue, but no additional taxes.

If that revenue does not materialize, K-12 schools, higher education and social services would be hit with deeper cuts midyear.

(...)

This Democratic proposal needs only a majority of the Legislature to approve it and if Brown signs it, lawmakers will begin receiving their salaries, a spokesman for Controller John Chiang said.


Read more: http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2011/06/27/MNOV1K3BIJ.DTL

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Meanwhile, President Obama continues desperately to compromise with the Party of No. Maybe he needs to go golfing with Jerry Brown instead of John Boehner.