By Lisa Vorderbrueggen
Wednesday, November 14th, 2007 at 11:18 am in California budget.
The California Legislative Analyst’s Office just released its outlook on the state’s financial picture through 2013 and the skies are not sunny.
“To balance the 2008–09 budget, the state will have to adopt nearly $10 billion in solutions,” according to the LAO’s press release.
“Solutions” is one of those cute government euphemisms, kind of like substituting “challenges” for “problems.”
“Addressing the state’s current budget problem is even more urgent because we forecast a continuing gap between revenues and expenditures,” the release said. “A plan to permanently address the state’s fiscal troubles must involve a substantial portion of ongoing solutions.”
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