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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: RetiredNow who wrote (999611)2/8/2017 6:39:23 PM
From: Wharf Rat  Respond to of 1575466
 
California's Troublesome Budget Surplus
Jun 8, 2015


State Budget Surplus Leads to Spending Tensions |
Jan 7, 2016


California analyst projects $2.8 billion budget surplus
Nov 17, 2016



Gov. Brown warns of $2 billion deficit while unveiling California budget
Tuesday, January 10, 2017

SACRAMENTO, Calif. --
California Gov. Jerry Brown proposed a $122.5 billion state spending plan Tuesday and warned of a looming $2 billion deficit because of falling tax revenues.

The proposed budget was announced as the state faces uncertainty about changes to come from President-elect Donald Trump and the Republican-led U.S. Congress.

Trump has pledged to repeal President Barack Obama's health care law, which California has embraced by enrolling about 5 million people in private health insurance or publicly funded Medi-Cal coverage.

The budget assumes policies remain the same, but Brown noted the federal uncertainty is yet another reason to maintain the fiscal prudence for which he consistently advocates.