Democrats in the California Legislature have countered Gov. Schwarzenegger’s budget proposal with two of their own. The Democratic versions balance spending cuts with new revenues. The Schwarzenegger proposal proposed only cuts to balance the budget. (See earlier post.)

Read a story comparing the Senate, Assembly and Governor’s proposals in Calbuzz (June 25, 2010).

Read details from the State Assembly Democratic Caucus. (includes videos of announcement by Speaker John A. Pérez)

See the Senate Majority Caucus Budget information page.

Democrats propose tax hikes in response to Schwarzenegger’s fiscal plan
The party’s leaders in the Senate and Assembly agree that any rational plan to close the $19.1-billion deficit must include additional sources of revenue.
Los Angeles Times, May 26, 2010

Read an analysis from the California Labor Federation.

Read a report from the California Independent Voter Network.