Sacramento — Governor Jerry Brown announced on Tuesday that he has terminated his negotiations with Republicans in the state legislature over a budget plan. Brown pointed out that while he had proposed drastic cuts to address half of the budget deficit, the Republicans refused to budge on tax cuts for corporations that ship jobs out of California and a special election in June where voters would be asked to extend existing tax increases.
In his statement Brown expressed frustration with GOP legislators:
Each and every Republican legislator I’ve spoken to believes that voters should not have this right to vote unless I agree to an ever changing list of collateral demands.
Let me be clear: I support pension reform, regulatory reform and a spending cap and offered specific and detailed proposals for each of these during our discussions. While we made significant progress on these reform issues, the Republicans continued to insist on including demands that would materially undermine any semblance of a balanced budget. In fact, they sought to worsen the state’s problem by creating a $4 billion hole in the budget.
Below is his video statement:[youtube]http://www.youtube.com/watch?v=iLuZya3tv-Q[/youtube]