Wednesday Must Read: Brown May Delay Tax Measures Until November; CSU Faces Worst Financial Crisis

Stories you shouldn’t miss:

1. Governor Jerry Brown may attempt to put his proposed tax measures on the November ballot because of his failure to garner GOP support for a June election, the Chron, CoCo Times, and SacBee report, citing anonymous sources. Brown is said to favor a November election over the option of muscling through a proposal for June, because the latter plan likely would spur legal challenges. However, the November election proposal also faces hurdles. The governor and labor unions don’t have much time to launch a ballot-initiative drive, and Brown won’t be able to call the measures “tax extensions” in November because the taxes he wants to maintain expire July 1. Under the November proposal, the state would issue IOUs until voters decide whether to approve the tax measures.

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