Seasoned Veteran Predicts CA Budget Trajectory

Dan Walters, who has been covering CA budget politics for many years, lays out what he thinks will happen with this budget.

The longer California’s state budget stalemate continues — and it’s now in record territory — the more likely it becomes that whenever it ends, it will be with another mélange of pie-in-the-sky assumptions, expedient spending deferrals and accounting gimmicks that crumbles in the cold light of reality

I can’t argue with him.