California Governor Jerry Brown announces his revised budget proposal at a news conference in Los Angeles, California, May 14, 2012. (Reuters/David McNew)
Blog Post
California’s Budget Crisis: Part XII
May 17, 2012, Tracy Gordon
Describing California's annual budget woes as following a predictable yearly pattern, Tracy Gordon explains the structural causes of the state's fiscal problems. Gordon also discusses the lack of informed debate and public concern about budgets, but notes that this year's harsh spending cuts may draw the attention of voters.