California, the Golden State with the world's eighth largest economy, faces a $42 billion deficit in the next 18 months and is about to run out of money. Democrats have the majority in the Assembly and Senate, but they lack the two-thirds of both houses required to pass a budget. After months of concessions and compromises, the measure has been short of one Republican vote for the past three days. Jordan Rau covers Sacramento for the Los Angeles Times.
KCRW
