Hollingsworth issues statement on projected $6 billion deficit
Last updated 3/19/2009 at Noon
SACRAMENTO- “The fact that the Legislative Analyst’s Office is projecting a $6 billion deficit for the 2009-2010 budget is not a surprise,” said Senator Dennis Hollingsworth. “I said early on this budget was not going to fully solve the problem. We had anticipated the budget shortfall would be around $10 billion, and it still could reach that number.”
“Now we need to focus on re-evaluating some of the solutions previously discussed that include helping the private sector create jobs and stimulate the economy. We also need to use any federal stimulus money California receives ef...