State Budget Battle News Today : Breaking News, Live Updates & Top Stories | Vimarsana

at california there s some improvement. a high unemployment rate and air getting some of your business poached from other states and you ve got a huge reduction in state government employees. can you describe some of the economic strategy to get california out of its current economic hold. well, the economic strategy is basically they re trying to keep going the path, the course that they ve been going. greta: silicon valley has made a huge recovery and trying to lead this state out of the recession and basically the big move just made, all the focus in state government was on raising taxes. there was going to have to be another many billion dollars of budget cuts and voters did not approve it tax hike recently approved. that was approved in november and that sort of got the state budget battle. greta: is there any likelihood that silicon valley comes out of it that they re going to leave or they re going to are you seeing businesses leave california, staying, or even new ones

California sState governmentUnemployment rateGreta vanterenSilicon valleyBudget cutsIt tax hikeState budget battle