Brown: California budget deficit rises to $16 billion

In a gloomy preview of his May budget release, Gov. Jerry Brown said Saturday that California’s deficit has mushroomed to $16 billion, nearly $7 billion higher than he last estimated.

In previous years, lawmakers have relied on one-time solutions to minimize budget pain – an option that Republicans have advocated for this year in lieu of Brown’s tax hike. Steinberg has repeatedly discussed using about $1.5 billion in residual affordable housing money to help reduce welfare cuts, to the chagrin of housing advocates.

Sacramento Bee


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s