Video here...
News10 Sacramento's political editor, John Myers, has been tweeting about the news, and his analysis of the numbers is disheartening, to say the least:
.@JerryBrownGov announces in YouTube video that #cabudget deficit is now whopping $16 billion: ow.ly/1M5DRm
— John Myers (@johnmyers) May 12, 2012
Brown's video offers no specific #cabudget fixes.But $16 billion deficit must mean major weaknesses in 2011's deal & beyond.
— John Myers (@johnmyers) May 12, 2012
Using range of estimates 4 how much @JerryBrownGov tax measure would bring in, new #cabudget deficit means $7B-$10B in cuts.
— John Myers (@johnmyers) May 12, 2012
Asm GOP leader Conway response 2 Guv's estimated $16B #cabudget gap: "rein in spending..(leave) overburdened taxpayers alone.”
— John Myers (@johnmyers) May 12, 2012