Update on California's Budget Woes

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Governor Brown today revised the budget to say that the deficit will approach $16 billion and that there are two ways to whittle that number down. The Governor used the announcement to pitch his plan to raise income taxes on the wealthy and sales tax on everyone else by a quarter percent. Whatever voters say to tax hike idea, Brown will have some big cuts to make with big fiscal and political repercussions. KCRW's Steve Chiotakis has a special report on California's budget woes.