SFDebate Asks, Should This House Approve the California Budget Compromise?
SFDebate Asks: Should This House Approve the California Budget Compromise?
On June 30th, the final day of the fiscal year, Gov. Jerry Brown signed a balanced California budget, settling a $26.6 billion deficit mainly with massive spending cuts, but also via deferred payments and, some say, much-too-optimistic revenue projections. The contested budget assumes $4 billion in projected revenues which, if not realized in about 6 months, could trigger another $2.5 billion in spending cuts -- $1.5 billion of it coming from schools. Its signing marked the end of an arduous process of attempted, though ultimately failed, compromise between the Democrats and Republicans. Come hear the arguments and explore the many questions we’re left asking at this month’s SFDebate on the California budget.
Location: SF Club OfficeTime: 7-8:30 p.m. programCost: $5 standard, MEMBERS FREE