Silicon Valley group says CA budget deficit is growing

This just in from the Silicon Valley group Next 10:

“We just updated the forecast numbers in the California Budget Challenge and project that in five years, California may face a budget deficit of $27.6 billion … the updated Challenge reflects our current financial condition and many of the policy options being considered in Sacramento.”

We featured Next 10 in our May 31 Perspectives page “Put your mark on the budget.” Go to their site and try your hand at balancing the state budget. They call it the Budget Challenge.
That is an understatement of a name. Check out our editorial on how the readers voted on our budget challenge.

This entry was posted in environment, land use, Pasadena by Steve Scauzillo. Bookmark the permalink.

About Steve Scauzillo

I love journalism. I've been working in journalism for 32 years. I love communicating and now, that includes writing about environment, transportation and the foothill/Puente Hills communities of Hacienda Heights, Rowland Heights, Walnut and Diamond Bar. I write a couple of columns, one on fridays in Opinion and the other, The Green Way, in the main news section. Send me ideas for stories. Or comments. I was opinion page editor for 12 years so I enjoy a good opinion now and then.

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