Former state senator and finance director Steve Peace discusses the state's current fiscal challenges, the prospects for comprehensive structural reform, and California Today.
After serving as an Assemblyman then State Senator from San Diego, and, most recently, as Governor Davis Director of Finance, Steve Peace knows a thing or two about state fiscal policy and the mechanics of state, regional and local government. Earlier this spring, Peace launched a new, bi-partisan civic organization, California Today a think tank dedicated to economic issues facing California. Its first goal is to repeal, or at least modify, the federal governments alternative minimum tax (AMT). MIR is pleased to present this interview with Steve Peace, the first of a two-part series, in which he addresses both our increasingly dysfunctional fiscal relationship between state and local government, and how the Schwarzenegger administration is faring in tackling the severe financial issues it has faced over its first several months in office.
Thanks to Larry Segal
Read the full story: Former State Finance Director On State Budgets Past, Present & Future
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