California’s legislature and the Governator agreed on a budget last night that, supposedly, increases spending (a little) without increasing taxes (or implementing new taxes). That doesn’t mean there won’t be new fees, including new court filing costs, and who knows what else buried in the fine print.
Until we see the actual budget, and the analysts’ reports on the budget, we’re better off not speculating as to whether it’s a good or bad deal. For now, look at it as a $117 Billion unknown.
Coverage: San Jose Mercury News (one-time registration required)