|
|
|
| |
|
California facing higher $16 billion shortfall
|
May 12, 2012
|
| |
|
<p><a href="http://news.yahoo.com/california-facing-higher-16-billion-shortfall-213905732--finance.html"><img src="http://l3.yimg.com/bt/api/res/1.2/pAUxom5WaVlfpuGRF6Yq7Q--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/ap_webfeeds/d689e5443134420d0f0f6a706700d707.jpg" width="130" height="86" alt="Gov. Jerry Brown discusses his tax-hike initiative before submitting the petitions for the initiative to the Sacramento County Registrar of Voters in Sacramento, Calif., Thursday, May 10, 2012. Brown's initiative is one of two tax hike petitions that are expected to qualify for November ballot. Brown has warned that if voters do not pass the tax hikes there would be even deeper cuts to schools, higher education and social services. (AP Photo/Rich Pedroncelli)" align="left" title="Gov. Jerry Brown discusses his tax-hike initiative before submitting the petitions for the initiative to the Sacramento County Registrar of Voters in Sacramento, Calif., Thursday, May 10, 2012. Brown's initiative is one of two tax hike petitions that are expected to qualify for November ballot. Brown has warned that if voters do not pass the tax hikes there would be even deeper cuts to schools, higher education and social services. (AP Photo/Rich Pedroncelli)" border="0" /></a>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.</p><br clear="all"/>
|
| |
|
|
|
|
 |
|
 |
|
|
|
