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Keyword: revenuedecline

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  • CA: More red ink expected from revised state budget

    05/11/2003 9:38:23 PM PDT · by NormsRevenge · 25 replies · 229+ views
    Mercury News ^ | 5/11/03 | AP - Sacramento
    <p>SACRAMENTO (AP) - More bad news is expected to roll out of the governor's office about noon on Wednesday, as the administration releases its revised budget proposal.</p> <p>Insisting most of the big decisions were still being debated until a Friday deadline, Gov. Gray Davis declined late last week to share any details about the new spending plan. The only thing for certain, staff members say, is that a lot more money needs to be trimmed from the near-$100 billion state budget.</p>