California budget analyst recommends raising car license fee
By Jordan Rau
1:20 PM PST, November 11, 2008
Legislative Analyst Mac Taylor forecasts that the state will need to close a $27.8-billion budget gap in the next 20 months. He recommends a sales tax increase of 1 cent on the dollar.
Reporting from Sacramento -- While offering the grimmest forecast yet of California's finances, the Legislature's nonpartisan fiscal analyst recommended today that lawmakers pare back Gov. Arnold Schwarzenegger's proposed 1 1/2-cent sales tax increase and instead hike fees on cars.
In a new report, Legislative Analyst Mac Taylor forecast that the state would need to close a $27.8-billion budget gap during the next 20 months. That projection is more than $3 billion higher than the Schwarzenegger administration has estimated.
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California budget analyst recommends raising car license fee
Originally Posted by Bootneck
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