(credit: CBS)
LOS ANGELES (CBS/AP) — Facing a mounting fiscal crisis, California voters have approved an initiative designed to make it easier for the Legislature to adopt a state budget.
Proposition 25 lowers the vote threshold for passing a state budget from two-thirds to a simple majority. The effort was aimed at avoiding legislative gridlock that has resulted in long budget impasses.
Jon Coupal, President of the Howard Jarvis Taxpayers Association, Joins KNX 1070′s Dick Helton
Two other initiatives dealing with the state budget also passed.
Proposition 22 sought to prohibit the state from borrowing money from local governments.
Proposition 26 was aimed at making it harder for governments to charge fees to businesses by reclassifying them as taxes.
(TM and © Copyright 2010 CBS Local Media, a division of CBS Radio Inc. and its relevant subsidiaries. CBS RADIO and EYE Logo TM and Copyright 2010 CBS Broadcasting Inc. Used under license. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. The Associated Press contributed to this report.)


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