THIS IS AN ARCHIVE OF LAKE TAHOE NEWS, WHICH WAS OPERATIONAL FROM 2009-2018. IT IS FREELY AVAILABLE FOR RESEARCH. THE WEBSITE IS NO LONGER UPDATED WITH NEW ARTICLES.

Lack of stimulus money compounds state budget woes


image_pdfimage_print

By Kevin Yamamura, Sacramento Bee

Facing a dismal budget crisis last year, California relied on a federal lifeline of stimulus dollars. The cash infusion staved off the bleakest of cuts to Medi-Cal patients, welfare recipients and students.

But that money is beginning to run dry, leaving California grappling with whether to replace it by raising taxes or institute the severe cuts the state avoided last year.

The state already has exhausted some pots of stimulus money, such as one for higher education. Others will expire in the next year.

Read the whole story

image_pdfimage_print

About author

This article was written by admin