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Brown Proposes $122.2B Budget As Revenues LagGov. Jerry Brown is proposing a $122.2 billion budget plan, down slightly from his January proposal as he projects tax revenues will come in nearly $2 billion less than expected.
Brown Says It's The First Time In Years Lawmakers Won't Need To Make Massive CutsRiding a wave of new tax revenue, California's spending plan for the coming fiscal year will rise by nearly $5 billion, a powerful indication that the state that came to symbolize fiscal mismanagement during the heart of the recession is emerging into brighter days.

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