Budget deal would close California's deficit but makes rosy projections

The L.A. Times reports:

The budget deal that state legislators are scheduled to vote on Thursday would close California's $19.1-billion deficit by cutting state worker pay, trimming public school funding and relying heavily on handouts from Washington, according to new details released Wednesday — and if approved, it would fall out of balance almost the moment the ink dried.

The spending proposal, which would not necessarily stave off the need for IOUs to be issued this year, also includes the sale of state buildings to generate money, rosy revenue assumptions and a relative windfall for higher education, one of the few areas that would see increased funding.

Would you want these people in charge of your health care plan?