Wednesday, January 16, 2013

CALIFORNIA - State Budeget Deficite Gone

"California Gov. Jerry Brown Makes Tough Choices to Balance State Budget" PBS Newshour 1/15/2013

Excerpt

SUMMARY:  Gov. Jerry Brown has been able to turn in a balanced state budget for California by pushing for tax increases on the wealthy, hiking sales taxes for everybody and cutting many state services. But detractors have said Brown used fiscal tricks to achieve the balance. NewsHour correspondent Spencer Michels reports.

JEFFREY BROWN (Newshour):  And next: to a remarkable turnaround in the nation's most populous state.

Last week, California Gov. Jerry Brown proclaimed his state's huge budget deficit had disappeared. But some politicians in the Golden State are skeptical.

NewsHour correspondent Spencer Michels sat down with Brown in San Francisco.

His report is a co-production with our colleagues at KQED San Francisco, and begins with some background on the fiscal troubles and the budget fix.

No comments: