Governor Jerry Brown released a video on YouTube earlier today announcing that the California State deficit has hit $16 billion dollars, dwarfing January’s estimated 9.2 billion.
Yikes. I hear Costa Rica is pretty nice!
The Governor will release his revised budget proposal at a press conference in Sacramento on Monday at 10 am, followed by a press conference later in the day in Los Angeles. The press conference will be streamed live on the California Channel at calchannel.com.