Today’s the day Jerry Brown lets Californians in on the specifics of his budget framework to pull the nation’s largest state back from the financial brink. The SacBee reports that the blueprint includes reducing public employee salaries by 8-10% and across-the-board budget spending cuts but appears to be contingent on California voters approving higher taxes in a special election to be held in November.

Will Jerry have better luck with ballot initiatives than the Governator did during his term?

Brown’s press conference is streaming live now at calchannel.com