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With a previously estimated $31 billion deficit, now California’s spending plan for the upcoming year is affordable, according to a recently released budget review by the state’s Legislative Analyst’s Office, which revised earlier estimates and found that the plan will resolve the state’s projected deficit.
In one of the most hotly debated ballot initiatives this year, California voters will choose whether to raise taxes to prevent further cuts to education.
Dramatic cuts may be on their way to California state government spending, if Gov. Jerry Brown’s revised May budget proposal goes through.
