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: Instapundit.comCALIFORNIA DECLARES FISCAL EMERGENCY. Related: Facing $360 million deficit, San Francisco pays c?
By Glenn Reynolds
CALIFORNIA DECLARES FISCAL EMERGENCY.
Related: Facing $360 million deficit, San Francisco pays city workers $170 million in bonuses.
UPDATE: I don’t think that this is so bad, necessarily, but it won’t play well: “Finances are so dire at the University of California that it might have to turn away qualified students, but UC has still found a way to reward hundreds of employees with more than $4 million in incentive pay and raises.”
Full post as published by Instapundit.com on January 21, 2011 (boomark / email).
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