California's Budget Morass

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California has one of the world’s top ten economies, but the state’s budget system is being called “the most dysfunctional in the country.” Forty-six states began their fiscal years on the first of this month, but California is one of just four that don’t have spending plans. If there isn’t one before August 1st, borrowing to keep going will get very expensive, and the deficit is already 15 billion dollars.
Credits

Guests:
Neal Johnson - Director of the government performance project at the Pew Center on the States, Mark Baldassare - Public Policy Institute of California - @ppicnotes, Fred Silva - Budget Project Leader with California Forward, Former Chief Fiscal Advisor for the Office of the Senate President pro Tem

Host:
Warren Olney

Producers:
Karen Radziner, Dan Konecky