Marketplace has a new podcast for kids, "Million Bazillion!" EPISODE OUT NOW

Could a California supermajority fix state finances?

Jeff Horwich Nov 8, 2012
HTML EMBED:
COPY

Could a California supermajority fix state finances?

Jeff Horwich Nov 8, 2012
HTML EMBED:
COPY

Along with the Democratic gains at the national level, the election brought some changes to state legislatures. Democrats took control of both houses in Maine, as well as in Minnesota — Democrats now control all of state government there for the first time in 20 years. Democrats also took back the Houses in Colorado, New Hampshire, and Oregon, and the Senate in New York.

In California, voters may have beefed up Democrats to a two thirds majority in both the Assembly and Senate — a situation the state hasn’t seen since 1933.

John Myers, a longtime political reporter in California and now Political Editor for KXTV in Sacramento tells us what the election results will mean for Californians, the workings of the legislature, and taxes.

We’re here to help you navigate this changed world and economy.

Our mission at Marketplace is to raise the economic intelligence of the country. It’s a tough task, but it’s never been more important.

In the past year, we’ve seen record unemployment, stimulus bills, and reddit users influencing the stock market. Marketplace helps you understand it all, will fact-based, approachable, and unbiased reporting.

Generous support from listeners and readers is what powers our nonprofit news—and your donation today will help provide this essential service. For just $5/month, you can sustain independent journalism that keeps you and thousands of others informed.