California Special Election: Proposition 1A, Part II

Next month's special election features six ballot measures, crafted by the legislature and Governor Schwarzenegger, to change the state budget process. But only one promises both a long-term change and a short-term fix: Proposition 1A. In part one, we examined how Prop 1A will control how the state spends revenue. In this episode, we look at the short-term fix: a tax increase over the next few years valued at almost $16 billion. Reporter: John Myers

• More: Complete Coverage of the 2009 California Special Election
• More: Prop 1A summary, analysis, and arguments (voterguide.sos.ca.gov)