The fiscal crisis in California took another treacherous turn this week when Democratic Governor Jerry Brown vetoed a budget plan passed by the Democrat-controlled State Assembly and Senate. With the state's voter-imposed deadline for passing a balanced budget expiring earlier this week, California legislators are now working overtime without pay to try and fix the state's massive budget deficit. Brown's veto, though, was not unwarranted, nor was it radical. Rather, Governor Brown is hoping that by vetoing the plan, he can convince state legislators to finally get serious about balancing the budget and creating a sustainable fiscal future for the state.
