Posted on 06/27/2017 3:19:18 PM PDT by NormsRevenge
SACRAMENTO Gov. Jerry Brown signed a $125 billion state budget Tuesday, stamping his official approval on a package of bills his office negotiated with Democratic leaders and then ushered through a Democratic-controlled Legislature.
Brown signed the budget without a news conference or a single line-item veto. This was the second consecutive year that Brown did not use his authority to change the budget passed by the Legislature. Prior to that, the last time a governor did not veto a single item in the state budget was the 1982-83 budget, when Brown was then governor as well.
California is taking decisive action by enacting a balanced state budget, Brown said in a statement. ...
The $125 billion general fund budget for the fiscal year beginning July 1 is the largest in state history, increasing from the current years $122.3 billion budget. The states general fund pays for basic state services such as education, prisons and social-service programs, and it takes effect July 1.
(Excerpt) Read more at sfgate.com ...
35 years ago MoonBeam delivered for his party..
35 years later he repeats his feat.
What does that say about the state of California, it's infrastructure, its educational systems, its future?
..and who will pay the debt?
Its glory days are gone.. with the wind. imho ;-)
Californias $400 billion debt worries analysts
Melody Gutierrez February 6, 2016
SACRAMENTO California has come a long way to dig itself out of budget deficits, but the state remains on shaky ground due to nearly $400 billion in unfunded liabilities and debt from public pensions, retiree health care and bonds, financial analysts say.
Yes, the states budget is balanced if you are looking at what they are required to spend cash on this year, but not when you look at their expenses, said Gabe Petek, a credit analyst with Standard & Poors.
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Unless Trump just crushes inner city employment and improves standards of living, and catches fire in the state turning things around at almost every level, you’re dead on target.
This is not just the nation’s last chance. It’s California’s as well.
It’s shocking how bad it has become, and yet some folks are clueless.
That’s not hard to understand since the state’s media covers for the Democrats 24/365...
The 2017-18 Budget
Legislative Analyst’s Office | The California Legislature’s Nonpartisan Fiscal and Policy Advisor
The Open Primary Top Two finishers run-off went well , eh?
AAAYYYYyyyy!!!!
Notice we have yet to hear one peep out of state or national Republican leadership, lamenting the situation we find ourselves in, with open primaries and two same party candidates.
Choke on it, Californians. You’ll be paying for this, one way or another.
And then the CA leftist freaks elect some liberal arrogant idiot like Kamala Harris. Gezzz...
And California will stupid enough to elect Gavin Newsome governor in 2018.
This state is in the abyss and the people do not even realize it.
Don’t count that little pothole filling ex-LA Mayor V’man out..
We could use a man who knows how to use a broom and shovel .. and deodorant in Stinkymento..
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