The Cost Of Calif. Cutbacks

Law360, New York (September 1, 2011, 2:24 PM EDT) -- California, like many states throughout the nation, is experiencing an acute budget crisis. The total budget gap for fiscal year 2011 is $26.6 billion, the largest state deficit in American history and the equivalent of almost a third of next year’s budget. While Gov. Edmund G. Brown Jr. is “confronting many of the same obstacles that burden governors across the country ..., because of the magnitude of the dollars in question and the essential collapse of California’s system of government, his situation seems more dire, more...
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