Legislative Analyst Office predicts $2 billion in "trigger" cuts

Fresh off the press: the Legislative Analyst Office has come up with new revenue projections for California's budget, and it doesn't look good: overall income in the current budget year will be $3.7 billion below the level assumed in the budget approved in June.

Translation: $2 billion of trigger cuts to various state programs, including $100 million cut to the University of California, $100 million cut to CSU, and nearly $1.5 billion cuts in K-12.

It'll be interesting to see where the cuts come from now.