Edition: United States United States Select Region
Email: Passwd: or sign up free
One News Page
One News Page United States > Business > California's Deficit Explodes To $16 Billion, Threatening 'Severe' Cuts Or New Taxes
Open news article

California's Deficit Explodes To $16 Billion, Threatening 'Severe' Cuts Or New Taxes

Business Insider
Sunday, 13 May 2012

California's Deficit Explodes To $16 Billion, Threatening 'Severe' Cuts Or New TaxesSACRAMENTO, Calif. (AP) — California's budget deficit has swelled to a projected $16 billion — much larger than had been predicted just months ago — and will force severe cuts to schools and public safety if voters fail to approve tax increases in November, Gov. Jerry Brown said Saturday.

The Democratic governor said the...
0
shares
Share on FacebookShare on Twitter Comment
 
Source: Associated Press - on May 15, 2012

News video: More Cuts Eyed As California Deficit Swells

More Cuts Eyed As California Deficit Swells

California Gov. Jerry Brown proposed more than $8 billion in cuts Monday to close a widening state budget deficit. In addition to making cuts to many state services, he wants state workers to take a 5 percent pay cut. (May 14)

You Might Like


Other recent news in Business

APPLE, Google, Adobe and Intuit settle Silicon Valley poaching caseMomentum-Stock Doubters Get Walloped As Apple, Facebook and GOOGLE Reignite
Stocks to Watch: MICROSOFT, Amazon, Starbucks are stocks to watchJapan And Greater CHINA Drive Apple's Revenue Growth, As The Western World Stays Flat
Stocks Slide as UKRAINE Fears Overshadow Apple EarningsMicrosoft (MSFT) Beats WALL STREET's Estimates For Fiscal Q3 Although Sales Fall
Wolverton: New rules could kill net neutrality and the INTERNET as we've known itUkrainian Troops Make Push Into East Ukraine City Held By Trained Pro-RUSSIA Gunman
The Wall Street Journal: AMAZON testing last-mile delivery in S.F.Microsoft Wins In The Cloud, Suffers On PCs In New CEO's FIRST QUARTER

Twitter


Comments

comments powered by Disqus

Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy
© 2014 One News Page Ltd. All Rights Reserved.  |  About us  |  Press Room  |  Terms & Conditions  |  Privacy Policy  |  Content Accreditation
One News Page - Top Headlines RSS Feed RSS  |  News for my Website  |  Free news search widget  |  Advertise  |  Help  |  Contact us  |  DMCA / Content Removal
How are we doing? Send us your feedback  |  One News Page on Facebook LIKE us on Facebook  One News Page on Twitter FOLLOW us on Twitter  One News Page on Google+ FIND us on Google+



Bullet: One News Page official news app for iPhone Bullet: Our news app for iPhone
-