Get Political Wire by Email:



May 26, 2013


California Faces Huge Budget Surplus

New York Times: "After years of grueling battles over state budget deficits and spending cuts, California has a new challenge on its hand: too much money. An unexpected surplus is fueling an argument over how the state should respond to its turn of good fortune."

"The amount is a matter of debate, but by any measure significant: between $1.2 billion, projected by Gov. Jerry Brown, and $4.4 billion, the estimate of the Legislature's independent financial analyst. The surplus comes barely three years after the state was facing a deficit of close to $60 billion."












POLITICAL WIRE PODCAST

Political Wire Podcast Engaging conversations about elections and the political issues of the day. Subscribe via iTunes or RSS to get episodes automatically downloaded.


FREE NEWSLETTER




TRENDING VIDEO







PARTNERS











FOLLOW US