California has a budget - does this mean Gray will survive???

The Assembly has passed a budget for the current year. Its the same one as the Senate which is balanced only if you don't know what the definition of is is.

By this time next year, Calif will be looking at another record deficit and it will be harder to borrow the money necessary. This year we are borrowing lots of money (and our credit rating is almost junk status) and we have a 4 billion tax increase. The car tax which Davis tripled (by calling it a fee instead of a tax) is now blessed by the Legislator so is legal.

Read the article at SFGate.com.