Budget Analyst Projects Even Higher Tax RevenueThe state's independent budget analyst predicted Friday that California will collect $2.5 billion more than Gov. Jerry Brown forecasts for the coming fiscal year, giving Democrats a reason to push spending.
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.
Revenue Rebound Poses Challenge For Brown's BudgetCalifornia is seeing a resurgence in tax revenue, but what should be good news is turning into a political liability for Gov. Jerry Brown.