California's Budget Plan Balanced With Risky Assumptions

The budget signed by Gov. Jerry Brown assumes that California will take in revenue from the federal estate tax and that voters will approve $8 billion in tax hikes in the fall. SACRAMENTO — Gov. Jerry Brown has bet a portion of California's financial health on the expectation that a hyperpartisan Congress will change course on a hotly debated tax policy this year.

Topics:  sacramento   congress   gov jerry brown   california   budget   tax   
BING NEWS:
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    04/21/2024 - 11:00 pm | View Link
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    04/15/2024 - 10:57 pm | View Link
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    04/11/2024 - 8:40 am | View Link
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    SACRAMENTO, Calif. (AP) — California Democratic leaders announced Thursday they had come to an agreement on a plan that would reduce the state's staggering multibillion-dollar shortfall by $17.3 ...
    04/4/2024 - 12:22 pm | View Link
  • How will Newsom fix California's budget shortfall? Plans emerge from negotiations
    Gov. Gavin Newsom and state legislators on Thursday released details of an early action plan they say will shave off $17 billion of the total shortfall, reflecting the urgency in California to address ...
    04/3/2024 - 1:00 pm | View Link
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