Lottery Bonds
California News: No Budget Veto, Guards Back Recall, More Measures For Ballot
Lots of afternoon news in California.
NEW BUDGET COMPROMISE, VETO AVERTED: Legislative leaders have reached an agreement with Gov. Schwarzenegger on modifications to the budget compromise. The governor won't veto as a result. Apparently, there are stronger protections to prevent untimely raids on the rainy day fund and some differences in the gimmicks used to pretend the budget is balanced. More details to come.
RECALL GOING FORWARD, IT APPEARS: Mike JImenez, the president of the prison guards' union, won re-election during a vote at the group's convention in Las Vegas today. The union also voted, by acclimation, to go forward with the recall of Schwarzenegger, albeit with a few caveats.
WHEN DO WE VOTE ON NEW MEASURES? The budget compromise looks like it will include changes that have to go before voters (among them borrowing against lottery revenues and provisions of the state rainy day fund). But it's too late to add measures to this November's ballot. Can such measures really wait until the next scheduled statewide election in the spring of 2010. This budget deal would seem to clinch a special election in 2009.


