Assembly Republican Leader Mike Villines says there’s still a lot of work to be done:
“I don’t think that we’re close.”
Villines says Republicans are looking to cut more than a billion dollars in spending from the budget. He says the state’s financial situation is going to worsen because of a slowing housing market:
“This year is a watershed. If we don’t step up and make really difficult choices this year, no one will want to be here next year because it will be a disaster.”
Democratic budget committee chair John Laird says the real problem is the Governor wants to cut social services -but pay debt off early.
“He’s choosing to not give increases to people on social security and to take away increases to kids and instead pay wall street what you don’t have to pay them.”
A budget committee containing members of both houses continues to meet. Both sides say they hope to have a deal by the start of the new fiscal year, July first.