California budget talks hit an impasse over three-month tax extension

Townhall.com Staff
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Posted: Jun 08, 2011 10:59 AM
California budget talks hit an impasse over three-month tax extension
Reporting from Sacramento -- Republican lawmakers are prepared to let voters decide whether to close California's stubborn budget deficit with higher taxes in exchange for major changes in state spending, public pensions and regulatory policies.

But a week before the legal deadline for a spending plan, and with lawmakers' pay hanging in the balance, a final budget accord between Gov. Jerry Brown and Republicans remains elusive amid disagreement over which should come first — tax hikes or an election.