The Morning Report
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A grand compromise facilitated in the last month by San Diego Mayor Jerry Sanders to solve the city of San Diego’s unceasing budget woes never developed into a formal plan, breaking down this week once a tax increase became a focal point for critics.
What’s At Stake
The discussions aimed at satisfying those who argue the city hasn’t slashed enough expenses following its pension scandal and those who contend the city doesn’t collect enough taxes.
Councilman Tony Young, chairman of the city’s Budget and Finance Committee, said a comprehensive reform package is the only way the city will emerge from its financial crisis.