Alan Auerbach Thinks Tax Increases Alone Won’t Solve Budget Shortfall

San Francisco Chronicle, November 22, 2009 by Wyatt Buchanan
http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2009/11/22/MN2V1AO1D2.DTL&type=printable

UC Berkeley professor of economics and law Alan Auerbach said extending the tax increases is an obvious place for lawmakers to look for a solution. “But that is only part of the solution. Where the rest of it comes from who knows?” said Auerbach…. He predicted the Legislature would “muddle through” the problem with spending cuts and tax increases.