ANTONOVICH EXPECTS ROCKY FUTURE AS STATE'S DEFICIT GROWS TO $25.4 BILLION

 

 

 

 

       

 

PRESS RELEASE

Contact:  Tony Bell, Communications Deputy Office:     (213) 974-5555  Cell: (213) 215-5176 E-mail:     tbell@bos.lacounty.gov

      November 10, 2010                                                   For Immediate Release

 

ANTONOVICH EXPECTS ROCKY FUTURE AS STATE'S DEFICIT GROWS TO $25.4 BILLION

 

LOS ANGELES COUNTY –  “The announcement by the Legislative Analyst's Office that the State’s projected deficit has ballooned to $25.4 billion -- much larger than legislative leaders had anticipated -- will severely impact every county, city and school district in California.  This is a direct result of the State’s budget being built on a house of cards,” said Supervisor Michael D. Antonovich. 

 

“We are all in for a rocky future -- especially if the State expects the federal government to come to its rescue by just printing more money.  The State and all local governments will be forced to review all labor agreements, and commit to provide only funded, mandated programs, to avoid the quicksand that surrounds Sacramento.”   

 

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