There is a hidden risk buried inside Proposition 30 that goes far beyond cuts to education, according to Hope Richardson, policy analyst for the California Budget Project. If the initiative doesn't pass on Nov. 6, she said, it's true that a series of cuts go into effect that would take billions of dollars out of education funding in California. "Most of the trigger cuts are to education," Richardson said.

SACRAMENTO -- The Yes on Proposition 39 campaign announced today that the California Nurses Association/National Nurses United (CNA) has endorsed Proposition 39, the November ballot measure that will close an unfair corporate tax loophole that has been costing California $1 billion annually.

As mandated by State law, the California Department of Health Services requires acute care hospitals to maintain minimum nurse-to-patient staffing ratios. Required ratios vary by unit, ranging from 1:1 in operating rooms to 1:6 on psychiatric units. The legislation also requires that hospitals maintain a patient acuity classification system to guide additional staffing when necessary, assign certain nursing functions only to licensed registered nurses, determine the competency of and provide appropriate orientation to nurses before assigning them to patient care, and keep records of staffing levels.

The Inclusive Prosperity Act, or H.R. 6411, would establish a 0.5 percent tax on the trading of stocks, 50 cents on every $100 of trades and lesser rates on bonds, derivatives and currencies. It's being touted as the "Robin Hood tax" because it would generate an estimated $350 billion dollars annually that would go towards growing local economies, taking from the rich to help the poor.

A transaction levy, or “Robin Hood Tax,” could help fund $100 billion of climate change aid that developed countries have pledged by 2020, and extend to health care and education as well, the 63 groups said in a letter yesterday to Clinton that was e-mailed today by Friends of the Earth.