04/12/2011 05:44 pm ET | Updated Jun 12, 2011

California Budget: Tax First, Vote Later?

Assembly Speaker John A. Perez signaled a shifting strategy for Democrats in the state budget stalemate Tuesday, dismissing talk of a spending plan balanced solely by cuts as "an exercise in futility" and suggesting for the first time that lawmakers could enact tax increases and then ask for voter ratification afterward.
Perez, a Los Angeles Democrat, said Republicans in the Legislature had "acted irresponsibly" in previous months, and he challenged them to outline a comprehensive budget plan of their own by the end of April.

Read more on Los Angeles Times