Dan Walters, pundit of Sacramento

He follows the budget debacle fairly closely and is a good read:

That explosion you heard in downtown Sacramento on Tuesday was the big blowup of Gov. Jerry Brown's plans to ask voters in June to extend billions of dollars in taxes to balance the deficit-riddled state budget.

Brown terminated negotiations with Republican legislators, citing a lengthy list of GOP demands last week.

The governor said he was willing to consider pension and regulatory reform and a spending cap as part of a deal but "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."

The blowup, Senate President Pro Tem Darrell Steinberg said, means there won't be a June election on more than $11 billion a year in extensions of temporary taxes, thus leaving the estimated $15.4 billion deficit still unclosed. Mercury News

That would be the same Republicans who voted to preserve their socialist redevelopment agencies. It is the battle of the socialist camps, public unions vs taxpayer subsidized construction. Result? Socialist bankruptcy, like Portugal.