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Wednesday, June 15, 2011

Wednesday, June 15, 2011

Budget Day

Updated Below: 1, 2, 3, 4, 5

Today is the deadline for the Legislature to pass a budget without having their pay frozen.  So it seems like that something will emerge by the evening.  There is no guarantee that what passes today will actually become the state budget (there is no requirement that Jerry Brown sign it in order to keep his pay from being frozen).  But given that the Democrats have decided that the Republicans will not compromise what emerges today will probably be the best that we will see.  And it will be pretty bad.  Among other likely actions will be another 300 million dollar cut to higher ed (split between UC and CSU) as well as other deferrals.   For a quick look at what is on the table today see:

http://www.latimes.com/news/local/la-me-state-budget-box-20110615,0,6619176.story

Update:

UCOP responded in its usual forceful manner:

"We are assessing the latest proposal from the state Senate, and it's too soon to say with certainty what the impact would be. But there's no question that additional cuts would not be good news for UC and the Californians it serves. The university already has taken steps to absorb a $500 million cut, and we have been preparing contingencies in the event of an all-cuts budget. Any further cuts would threaten our ability to provide access, affordability and academic excellence."

Update 2:

The Senate Passed the Main Budget Bill this Afternoon.

Update 3:
Yudof and Gould Respond to the Budget (h/t Dan Mitchell) 

Update 4:
Brown Vetoes the Budget  

Update 5:
Democratic Leadership Responds to Veto  

We will update the story as, if, we get more information.

6 comments:

dr_k said...

Jerry Brown vetoes budget that included $300-million in new cuts to CA universities http://t.co/mO0XIeQ

Michael Meranze said...

Thanks dr_k, I have posted additional links.

Bob Samuels said...

I find it very hard to believe that Steinberg did not know that Brown was going to veto the budget. This whole process was a charade to allow everyone to get their paychecks, while Brown tries to get his four Republican votes.

reclaim UC said...

http://reclaimuc.blogspot.com/2011/06/brief-primer-on-austerity-budget.html

Bronwen Rowlands said...

From reclaimuc's link above:
"As in the case of the $500 million already cut from the UC in the first round of budgeting, every defeat becomes the point of departure for the next one. More than just a losing strategy, we could easily read this as purposeful -- it allows the administration to continually deflect blame while moving the university toward a privatized model."

This is exactly what is happening. Exactly.

At UCB, Mitt Romney's Bain & Co ("Operational Excellence") is monetizing assets hand over fist. As we speak.

Anonymous said...

There are a bunch of new job postings in external and strategic communications at UCOP. I guess they take complete failure as furthe encouragement to expand.

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