Thursday, December 18, 2008

Governor Will Veto Democratic Budget Proposal

According to the San Francisco Chronicle (here), Governor Schwarzenegger has said he will veto the Democratic tax proposal passed by the Legislature with a majority vote. Whatever the political or economical wisdom of the veto may be, it will spare the State litigation over whether the budget proposal required a two-thirds vote under the portion of Proposition 13 that requires a super-majority for certain tax increases. Here is the analogous story from the Los Angeles Times.

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