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Analysis Of State Budget Cuts Effect On San Diego

Midday Edition

Maureen Cavanaugh, KPBS

Tuesday, May 15, 2012

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Maureen Cavanaugh, "What happened to the expected revenues? We have been told the economy is improving, how could the governor's projections be so far off?"

Erik Bruvold, "Last summer the state legislature and governor put together a plan that was two parts fairy dust, and one part super glue. If we look at the revenue projections that were made last summer by all accounts everyone realized they were overly optimistic by about $4 billion."