California lawmakers sent Governor Jerry Brown a $96.3 billion budget tempered by his restrained revenue estimates, even as higher taxes have given the most- populous U.S. state its first surplus in almost a decade.
California’s Senate passed a $96.3 billion budget with spending tempered by Governor Jerry Brown’s restrained revenue estimate, even as higher taxes have given the most-populous U.S. state a surplus for the first time in almost a decade.
California lawmakers are set to send a $96.3 billion budget to Governor Jerry Brown with spending tempered by his restrained revenue estimate, even as higher taxes have given the most-populous U.S. state a surplus for the first time in almost a decade.
California Assembly Republicans proposed stripping funds from child-development and mental- health programs as well as cutting state employment costs by 10 percent to help close a $15.4 billion deficit.
California Governor Jerry Brown unveiled measures to spur job creation, including legislation to curb taxes on manufacturers such as Boeing Co. while dropping a corporate tax break he said pushes jobs out of state.
California taxpayers have nothing to fear from the new Democratic supermajorities in the state Assembly and Senate. That’s the assurance we keep hearing from the political class and interest groups in the Golden State, where Republican legislators are now reduced to irrelevancy and Democrats control two-thirds majorities to pass anything they want.
California Governor Jerry Brown has a fresh $6 billion to spend from higher taxes approved by voters on his pledge to fix years of fiscal imbalance in the biggest state by population. He has promised to use restraint.
California revenue likely will fall $3.7 billion short of what Governor Jerry Brown and Democrats projected for the state budget, with a $13 billion gap looming in the next fiscal year, the Legislature’s fiscal analyst said.
California Governor Jerry Brown said he’ll work through the weekend to coax at least four Republican lawmakers to break ranks and put $9.3 billion in tax extensions to a referendum, to stave off further sweeping cuts.
California Governor Jerry Brown said the state’s residents should be given the chance to decide whether to extend tax increases to limit budget cuts, calling Republican opposition to a vote “unconscionable.”