California Gov. Jerry Brown’s revised two-year budget plan released Friday reflects conservative changes, but no immediate cuts, to help the state weather lower tax revenues.
Brown said the state needs to prepare for a recession and avoid major spending, citing already flattening tax receipts.
“I’m going to be pretty resolute on this budget,” the governor said during a press conference in Sacramento. “We need reserves.”
While the state does not need to make premature cuts, Brown said it will be ready to do so if needed. Read more.
Brown’s Revised May Budget Reflects Caution
May 15, 2016 by
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