Thu Jan 10, 2013, 05:38 PM
Cali_Democrat (18,208 posts)
Calif to have budget surplus after Dems take total control...more money for education and healthcare
Last edited Thu Jan 10, 2013, 05:48 PM - Edit history (1)
California Budget Surplus? Governor Introduces Plan That Eliminates Deficit
By Jim Christie
SACRAMENTO, Jan 10 (Reuters) - California's budget deficit is gone after years of financial troubles, Governor Jerry Brown said on Thursday, proposing a plan that raises spending on education and healthcare, boosting total expenditures by 5 percent.
"I am determined to avoid the fiscal mess that the last few governors had to deal with," Brown told reporters as he introduced the budget for the 2013-14 fiscal year beginning in July.
The state expects $98.5 billion in revenues and transfers and plans spending $97.7 billion, according to the proposal published on the state Department of Finance website.
Spending in the upcoming year is set to rise 5 percent, or $4.7 billion, from the current 2012-13 budget. Schools and universities will see a $4 billion boost, health care spending will rise $1.2 billion, while transfers to local government will drop $2.1 billion.
I hope the door didn't hit your ass on the way out, Arnie.
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Calif to have budget surplus after Dems take total control...more money for education and healthcare (Original post)
Response to Cali_Democrat (Original post)
Thu Jan 10, 2013, 05:43 PM
SoCalDem (101,018 posts)
1. But the "next republican governor" is salivating
at the thought of having a slush fund to ravage once they get power..
This is how it always goes.. dems put real policies in place, and actually accumulate funds, only to see a reckless republican swoop in & wreck the place.. We have seen this happen over and over..going back to Reagan who started our downward spiral...