First, let's start with the big news: California has a budget. Finally. The biggest state in the country and sixth largest economy in the world has been the scene of a major budget stalemate. The 2/3 requirement to raise taxes has been a major obstacle to making a deal. Lawmakers have cut about $15 billion from the annual spending plan.
Of course, California isn't the only state with budget problems. In Ohio, the state just adopted a spending plan that cut libraries, hunger programs, and education. Sound familiar?
Speaking of familiar, lobbyists in Arizona are pushing to expand gambling to allow full-fledged casinos at race tracks. Gaming proponents say the proposal could help fill the $3 billion budget deficit. Right now, gambling is only allowed at casinos run by Native-American tribes.