Tax Hikes « CBS Los Angeles

President Obama and House Speaker John Boehner. (credit: Pool/Getty Images News)

LA Faces $22M Budget Shortfall If ‘Fiscal Cliff’ Deal Isn’t Reached

Los Angeles could face at least a $22 million shortfall if a deal isn’t reached in Congress by Tuesday to avoid the “fiscal cliff,” according to the city’s top budget analyst.

CBS2 / KCAL9–2012/12/28

Governor Brown Prepares State Of The State Address

As he prepares his State of the State address to be delivered Wednesday, Governor Jerry Brown finds himself on the defensive over a number of issues.

2012/01/15

California Revenue Up, But Brown Still Pushes Tax Hikes

Gov. Jerry Brown has released a revised state budget that calls for a 5 percent increase in spending over the plan he released in January but says a renewal of expiring tax increases is still needed to close California’s remaining budget deficit.

2011/05/16