November 2010 Election, California, Proposition 25
Vote Recommendation: No
I was leaning "no" on this one for a while, largely based on the idea that I didn't want our tax-and-spend majority legislature to be able to ram their spending through any more easily. These vote margins, however, are double-edged swords, and it is hard to say what the real fiscal effect would be. There is also the "when in doubt, vote no" principle which applied here. Stability is important, and and generally don't think it wise to implement changes with ambiguous effects. There is good reason to be suspicious that ambiguous and obtuse legislation is hiding something sinister.
I finally decided to recommend a no vote based on the observation that the Democratic Party recommended a yes vote, and the Republican Party recommended a "no". While I don't always vote along party lines, I found the difference enough to bolster my tentative analysis
See: November 2010 Election, California
Details
Changes Legislative Vote Requirement to Pass a Budget from Two-Thirds to a Simple Majority. Retains Two-Thirds Vote Requirement for Taxes.