What Will Budget Cuts Mean To Sacramento Area Teachers, Cops and Firemen?
May 21st, 2009 Categories: Real Estate Trends, Sacramento Economy, Sacramento Politics, Sacramento Real Estate
SACRAMENTO-The most powerful lawmakers in the state of California met Wednesday afternoon in order to start a plan in dealing with the state’s $21.3 billion budget deficit. Imagine. That’s a lot of money… Where’s it all going to come from? California can no longer avoid deep cuts to schools and government services after The state’s voters rejected Tuesday’s special election budget proposals.
“I think the message was clear from the people: Go all out and make those cuts and live within your means,” Schwarzenegger said earlier Wednesday in Washington, D.C.
Gov. Arnold Schwarzenegger met with Assembly Speaker Karen Bass (D – L.A.), Senate President Pro Tem Darrell Steinberg (D – Sacramento) Assembly GOP Caucus leader Mike Villines of Clovis, and immediate past Senate Republican caucus leader Dave Cogdill of Modesto in his office at the State Capitol yesterday.
How will the upcoming payroll cuts affect our local Sacramento housing market? How many buyers will no longer be buyers when they lose their job? How many more homes will go on the market because people have to relocate?
Could get interesting…
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