Podcast: Trigger Talk

November 18, 2011, 12:01 am • Posted by John Myers
 
And now, the final debate of the 2011 budget saga: was the $2 billion trigger cut provision a fiscal insurance policy, a risky bet for millions who depend on targeted services, or simply a political necessity in a very polarized statehouse?

As we discuss in this week's Capital Notes Podcast, the answer is hard to glean so far -- in part, because no one's quite sure how much of the trigger will be pulled. Yes, even if it will be pulled.

Anthony York of the Los Angeles Times and I take a quick look at the details of -- and reaction to -- this week's important revenue forecast. We also discuss the politics of additional cuts, and what Governor Jerry Brown's own team might offer in its revenue projection due next month.

Listen to the podcast here!