Gov. Brown Pitches $122.5B California Budget, Warns Of DeficitGov. Jerry Brown proposed a $122.5 billion state spending plan Tuesday and warned of a looming $2 billion deficit because of falling tax revenues.
California Budget To Break New Ground On Immigrant Health CareA budget deal between Gov. Jerry Brown and legislative leaders would make California the first in the nation to offer state-subsidized health care to children who are in the country illegally.
Gov. Brown Proposes Record $115.3 Billion BudgetGov. Jerry Brown is proposing a record $115.3 billion California spending plan that will send more money to public schools, set aside reserves and create a new state tax credit for the working poor.
California Budget: Gov. Brown Expected To Keep The Ship Slow And SteadyGov. Jerry Brown is expected to maintain a slow-growth approach for California when he updates his spending plan Thursday, while responding to pressure from fellow Democrats seeking to close the income gap by offering a $380 million-a-year proposal to create tax credit for the working poor.
Analyst: No 'Fiscal Cliff' When Tax Hikes EndThe Legislative Analyst's Office says steady economic growth will buffer California when temporary tax increases expire in the coming years.
Governor Signs $108 Billion California Budget Gov. Jerry Brown has signed California's $108 billion budget for the coming fiscal year that pays down debt, builds a rainy day fund and provides additional money for schools and health care.
California To Pay Off Schwarzenegger Budget Bond California is on track to pay off a $15 billion bond that was championed a decade ago by then-Gov. Arnold Schwarzenegger as one of his first major actions in office.
Gov. Jerry Brown Releases $108 Billion Budget, Warns Of Underfunded PensionsThe figure represents a 24 percent increase over the $87 billion general fund budget approved during the 2011-12 fiscal year, the low point of the recession when California cut billions of dollars from state programs and furloughed state workers.
Critics Uniting Against California High-Speed Rail Funding PlanGov. Jerry Brown's proposal to redirect $250 million from an effort to reduce greenhouse gas emissions has renewed debate about the project.
Calif. Assembly Democrats Urge $8B Budget ReserveAssembly Speaker John Perez is pledging to move cautiously in spending California's projected budget surplus and says lawmakers will ask voters to approve a revised 'rainy day fund' in November 2014.
UPDATED: Brown Signs Budget That Reshapes K-12 SpendingGov. Jerry Brown is expected to sign California's $96.3 billion budget for the coming fiscal year, a spending plan that ends years of deficits and includes more money for disadvantaged students.
Lawmakers Expand Medicaid In Final Budget VotingThe Legislature passed a major piece of the federal Affordable Care Act on Saturday, opting to expand Medicaid to 1.4 million low-income Californians, as it rushed to meet its deadline to complete a state budget.