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California Republicans Block Brown’s Plan to Close Deficit

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California’s Senate Republicans blocked Governor Jerry Brown’s plan to erase a $10 billion deficit as closed-door talks remain snagged on his demand for higher taxes as a deadline to pass a budget looms.

Republicans oppose the governor’s proposal because it would extend tax and fee increases set to end June 30. The so-called bridge tax would preserve the revenue measures pending the outcome of a voter referendum, planned for September or later, to keep them for five years. Republicans said the extensions would harm California’s economyBloomberg Terminal. Brown said he doesn’t want to raise taxes without voter support.