[snopercod]

So the cornerstone of the California budget is going to be borrow, borrow, borrow.

Which sets the stage for a lawsuit for Davis violating the California Constitution, which prohibits the State from borrowing over $300,000 without a 2/3 majority in their Congress PLUS a majority vote of the people.

But the republicans in the California legislature seem to have the same regard for the California Constitution as do the democRATS there. (e.g. none, nada, zilch)

[Robert357]

I didn't realize that large bond issues require both the legislative branch and the voters. This should make November elections really, really interesting! Wow.

I was wondering if they could circumvent a November election by issuing warrants? But still they need to get their financial house in order before they can do anything and that will be really hard. This is going to be a real "rock and a hard place" for democrats!