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  Perata seeks overhaul of fiscal system
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Last EditedCBlock941  May 21, 2007 12:00pm
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News DateMonday, May 21, 2007 05:00:00 PM UTC0:0
DescriptionSACRAMENTO -- Republican Gov. Arnold Schwarzenegger and the Democrat-dominated Legislature are heading into a destructive, four-year budget battle -- unless they overhaul a California fiscal system that "defies logic."

That's how Senate leader Don Perata, D-Oakland, put it. And analysts agree: It's whacky to live with a system that continually requires more spending, while usually outstripping a flawed revenue-gathering system. It often puts the few unprotected programs, such as services for the poor, at fiscal risk -- a no-go for Democrats.
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