Yesterday, as many predicted, the budget was passed and the Legislators get paid again. But as some would say, this will NOT be the last budget for the year (remember this last year). Not surprisingly, as indicated yesterday in my post, there are all kinds of gimmicks and smoke. Beyond the impacts to K-12 education (both short and long-term), I am really concerned about the Higher Education reductions. This is a serious concern for the long-term health of the state and our economy. How do we grow out of our economic “hole” when we cut off or reduce one of the primary drivers of our economy?
The “fun” in Sacramento yesterday was capped off with references to the “Soprano’s” and a potential fist-fight on the floor of the Assembly. Beyond all the budget trauma and battling which borders on the bizarre, there is an interesting column on the political scenario that surrounds all of this hoopla.
The problem locally is that we have learned we can’t trust Sacramento and need to continue to plan for mid-year reductions and more. Our calculations keep telling us that there will continue to be reductions as the real problem has not been resolved and this is NOT a balanced budget.
P.S. -- In late breaking news, the Governor has vetoed the budget plan ...so now we start all over!!
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