Tax Increases

LA Faces $22M Budget Shortfall If ‘Fiscal Cliff’ Deal Isn’t ReachedLos 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.
Big Tuition Hikes Loom As Cal State University Faces Budget CutsThe head of the California State University system is warning that big tuition hikes may be unavoidable if the state doesn't extend temporary tax increases as proposed by Gov. Jerry Brown.
GOP Won't Budge As Brown Faces Tax-Vote DeadlineRepublican lawmakers aren't budging as Gov. Jerry Brown enters the last stretch of a self-imposed budget deadline for a legislative vote to call a June special election.