California 2013-2014 budget at $97.7 bln

SACRAMENTO Thu Jan 10, 2013 1:12pm EST

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SACRAMENTO Jan 10 (Reuters) - California Governor Jerry Brown on Thursday proposed a 2013-2014 $97.7 billion general budget which increased general fund spending by 5 percent mainly for education and healthcare.

The main budget, California's General Fund, would maintain $1 billion reserves.

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Comments (1)
bdeeber8 wrote:
So, Cali runs up a massive deficit under Conan the Republican, then balances the budget under a supposedly flaky Democrat. Dubya Bush inherits, then quickly squanders, a big budget surplus from Bill Clinton, creating a monster deficit which Republicans now try to blame on Obama. And Clinton was the first President to balance the budget since … JFK. Yet polls say that people continually rate the GOP as better able to handle their money. Isn’t it ironic? Don’t ya think?

Jan 10, 2013 4:58pm EST  --  Report as abuse
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